PRESS ROOM
Chinese stocks helping lift emerging market equities
Monday 19th October '20
Chinese equity markets are adding positive momentum in October as sentiment on the country’s recovery from the pandemic and its resulting economic damage continues to improve. The Chinese economy grew by 4.9% year-on-year in Q3 – compared to 3.2% in Q2, and -6.8% in Q1. Chinese equities are helping lift emerging market equities with the MSCI Emerging Markets Index up almost 4% in October (in USD as of 19 October).