From Mint: 2024-05-09 08:02:09

Chinese stocks have surged in the past month, outperforming major indexes like the S&P 500. The MSCI China index is up 10% since March, sparking questions about the sustainability of this rally. Despite three years of losses, fundamental factors like strong macroeconomic data and low valuations have supported the rebound. However, weak corporate profits and uncertain economic conditions pose challenges for a sustainable rally.



Read more at Mint: Chinese stocks rebound, but foundation for rally still weak