News Snapshot:
China’s domestic A-share market has been on a bumpy ride since the Lunar New Year holiday, with many star stocks falling like stones . The big volatility has surprised many investors as the outlook on China’s economy remains stable. In contrast, major global equity indices have been on solid footing this year with a recovery from Covid-19 expected in both the United States and the European Union. In comparison, China’s A-share market has become a clear underperformer. What are the causes of this gloom? For a start, China’s economic growth has visibly decelerated after a promising V-shaped recovery in the...
