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Cornerstone Blog China Stock Index Heads Toward Record in Best Ever Start to Year

China Stock Index Heads Toward Record in Best Ever Start to Year

January 18, 2021 by Cornerstone International Group Leave a Comment

The priciest equities in more than five years are proving no deterrent for stock traders in China,

where the benchmark is now nearing its all-time high.

The CSI 300 Index rose 2.9% on Tuesday to close at a 13-year high, taking this month’s gain to 7.4% — its best-ever start to a year.

Shares of brokerages rallied, an indicator that investors are bullish on the market’s outlook, while turnover to

An abundance of cash in the country’s financial system, coupled with ultra-low borrowing costs, is encouraging stock traders to take on more leverage.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: #chinastock

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