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Chinese stock market rally driven by policy measures unlikely to impact India’s economy or flows: Report

Vidya J SBy : Vidya J S

  |  1 Oct 2024 6:15 PM IST

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Chinese stock market rally driven by policy measures unlikely to impact India’s economy or flows: Report

In recent sessions, the Chinese stock market has experienced a significant resurgence, outpacing all major global indices as investor demand for Chinese stocks surged to new heights, driven by the government's stimulus measures. These initiatives have attracted investors back to one of the world's most heavily-battered markets. The CSI 300 index, which had plummeted by more than 45% from its peak in 2021 to mid-September, has since made an impressive recovery, soaring over 20%, marking its entry into a technical bull market. Last week’s rally was particularly noteworthy, representing the largest one-week gain for the index since 2008.

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