Chinese equities extended their rally as the market opened today with news of Shenzhen’s prospective reforms, adding to private banks’ argument to overweight Chinese assets. The CSI 300 index recorded a 3% gain while Hong Kong’s Hang Seng index rose by 2.2% by market close. Notably, the Hang Seng tech index closed up 3.27%. The Chinese stock rally came on…
Reform plans for Shenzhen buoy Chinese equities, echoing PBs’ overweight stance
12 October 2020

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