November 22, 2024
China stock rally looks to induce outflows from India more than Japan #JapanFinance

China stock rally looks to induce outflows from India more than Japan #JapanFinance

CashNews.co

TOKYO — Global investors look unlikely to rotate money out of Japanese shares into China’s stock rally, according to brokerages.

Although the frenzy in Chinese stocks fizzled this week after a disappointing stimulus package, the benchmark Shanghai Composite Index was still up by around 15% from the start of the rally. China’s Finance Ministry is slated to hold a media briefing on Saturday, raising investor expectations for additional stimulus.