The MSCI China Index has jumped almost 24% this month, poise...

Spinee wrote a post · Nov 21, 2022 03:00

The MSCI China Index has jumped almost 24% this month, poised for its best performance since 1999, after losing 17% in October. $Hang Seng H-Share Index ETF(02828.HK)$ of Chinese stocks listed in Hong Kong and $NASDAQ Golden Dragon China(.HXC.US)$ are also in bull market territory, which is defined by a 20% rebound from a recent low.

The latest rally may have legs, if China’s exit from Covid Zero continues and its economy further recovers, according to Laura Wang, chief China equity strategist at Morgan Stanley.

$Morgan Stanley(MS.US)$ $iShares Core MSCI China Index ETF(02801.HK)$ $iShares Core Hang Seng Index ETF(03115.HK)$ $Hang Seng Index(800000.HK)$ $China Concept Stocks(BK2517.US)$ $JD-SW(09618.HK)$ $JD.com(JD.US)$ $BABA-SW(09988.HK)$ $Alibaba(BABA.US)$ $TENCENT(00700.HK)$ $Tencent(TCEHY.US)$

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HopelessChi : broken instruments. the covid curbs posted a stronger downfall of the economy. now is probably the start of the downfall selling pressure. it wasn't attractive at the start?

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Spinee

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