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Move over India, China is world’s best-performing market in 2019

Nov 04, 2019 18:05 IST

China is on pace to be the world’s best-performing major stock market in 2019. The 31 per cent advance by the index of major Shanghai and Shenzhen-listed stocks outpaces the rise in markets like the UK, Japan and the US. It has been fed by a revival of domestic investor confidence and continuing international inflows. The resurgence follows a dismal 2018, when the CSI 300 fell 25 per cent as equities were battered by the intensifying trade war and a de leveraging campaign by Beijing that tightened domestic liquidity.

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