The Lujiazui financial district in Shanghai. The CSI 300 has rebounded 12 per cent since hitting a two-year low in April on expectations that a lifting of Shanghai’s two-month-long lockdown and a slew of pro-growth measures will reverse a slowdown in the economy. Photo: EPA-EFE
The Lujiazui financial district in Shanghai. The CSI 300 has rebounded 12 per cent since hitting a two-year low in April on expectations that a lifting of Shanghai’s two-month-long lockdown and a slew of pro-growth measures will reverse a slowdown in the economy. Photo: EPA-EFE
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Chinese stocks emerge as safe haven from bear markets globally, as US rate rise eclipses Shanghai lockdown as bogeyman

  • While the CSI 300 Index has risen almost 4 per cent in June, a decline in the Hang Seng Index is much smaller than the S&P 500’s
  • Reopening of Chinese economy bodes well for investors who can stomach short-term Covid-induced uncertainty: JPMorgan Asset Management

The Lujiazui financial district in Shanghai. The CSI 300 has rebounded 12 per cent since hitting a two-year low in April on expectations that a lifting of Shanghai’s two-month-long lockdown and a slew of pro-growth measures will reverse a slowdown in the economy. Photo: EPA-EFE
The Lujiazui financial district in Shanghai. The CSI 300 has rebounded 12 per cent since hitting a two-year low in April on expectations that a lifting of Shanghai’s two-month-long lockdown and a slew of pro-growth measures will reverse a slowdown in the economy. Photo: EPA-EFE
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