Chinese Stocks Stage Comeback 5/3/24

Chinese Stocks Stage Comeback 5/3/24

by CNBC

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About This Episode

5:30 minutes

published 16 days ago

English

2024 CNBC

Hong Kong’s Hang Seng Index was the world’s best-performing major stock market in April and has continued to move up another 5% this week. It may be part of a broader market theme, the unwinding of the “long AI, long Japan, short China” trade, but China is a world leader in AI research too, according to a new study from Georgetown University.