China is the outstanding performer among Asian stock markets, not because its economic growth prospects are so much better than its neighbors, but rather because the individual stocks that matter the most have better prospects. China’s financial market is opening to the world. It will host the world’s largest bond market.

Seven out of ten of the top contributors to index gains were financials. The others were Tencent, China Mobile and China Tower. The last two will benefit from China’s 5G rollout and associated infrastructure boom.

Read more: Explaining China’s stock market outperformance

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now. 

Leave a comment

Your email address will not be published. Required fields are marked *