(Bloomberg) — Asian stocks have outperformed peers in the U.S. and Europe recently, bolstered by optimism toward China’s recovery and a sense that parts of the region have so far managed to keep a lid on the coronavirus pandemic.The MSCI Asia Pacific Index has climbed about 9% since the end of May through last week, compared with roughly 6% gains by both the S&P 500 Index and the Stoxx Europe 600. Tech stocks in Greater China have helped drive the advance in the Asian benchmark, with Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Taiwan Semiconductor Manufacturing Co. accounting for …read more
Source:: Yahoo Finance
