An electronic board shows Shanghai and Shenzhen stock indexes, in the Lujiazui financial district in Shanghai, China on Oct 25, 2022. (Reuters file photo)
China’s equities are poised to claim back a one-third weighting in a benchmark emerging-markets index, following a sharp outperformance sparked by an easing of strict Covid curbs and a pivot to pro-growth policies.
Stocks listed in the mainland and Hong Kong now account for 32.2% of the MSCI Emerging Markets Index, up from 26.8% in October. The MSCI China Index has jumped 46% since then compared with a 16% gain in the EM gauge.
President Xi Jinping has moved to resolve almost everything that’s weighed on China’s outlook. He dismantled Covid-19 restrictions, implemented a…
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