[SINGAPORE] Global markets have been nothing but volatile on the back of tariff-induced swings – but China stocks were an outlier last week.
From Apr 7, the Hang Seng Index and the CSI 300 Index were steadily rising even as other markets in the region were still volatile. The indices were up around 2.2 per cent and 2.7 per cent last week, respectively, while the MSCI Asia-Pacific ex-Japan index traded flat for the week.
Year to date as at the end of last week, the Hang Seng Index was up more than 3 per cent, compared to a roughly 5.5 per cent decline for the MSCI Asia-Pacific ex-Japan index.
