China Stocks Are Handily Beating U.S. Since Coronavirus Outbreak. Here’s Why

(Bloomberg) — While U.S. investors are grappling with a violent sell-off as the coronavirus spreads, their Chinese counterparts at the heart of the outbreak are back to making decent money again.China’s swift and strict measures to contain the virus, optimism over fiscal and monetary stimulus, and relatively reasonable valuations are among the key reasons for the recent relative rebound, according to market participants. Perhaps more importantly, China investors have already gone through the panic stage that their U.S. counterparts are experiencing now, they said.A gauge of Chinese stocks in Shanghai and Shenzhen just posted its best week in a year …read more

Source:: Yahoo Finance

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