News Snapshot:
Emerging market equities, which also include Chinese stocks attract a lot of interest from investors. However, despite all the promise of economic growth in the world’s second-largest economy, Chinese markets have mostly disappointed over the last decade. The Shanghai Composite Index is up only about 2.6% for the year, underperforming the global markets by a wide margin. The underperformance is not limited to 2021 alone and in the last five years, the index has gained only about 9.3%. While the ten-year returns look somewhat decent at 49%, it is still among the worst-performing markets during the period. Chinese stocks have...
