From Bloomberg: 2024-04-10 05:43:11

Emerging-market stocks are on track for a month-long winning streak, boosted by optimism surrounding robust earnings and China’s stimulus measures. The MSCI Emerging Markets Index has reached its highest level since June 2022, with Tencent Holdings Ltd. and Alibaba Group Holding Ltd. driving more than a third of the gains. In April, the index is up 1.8% and set to achieve a third consecutive monthly rally, a feat not seen since February 2021.



Read more at Bloomberg: Earnings Optimism Underpins EM Equity Gains Driven by AI, China