Chinese stocks set for largest monthly rise since 2020
Chinese equities are on course for the biggest monthly gain in almost two years as investors bet the worst of a lockdown-induced economic shock and extended tech sector crackdown in the country has passed.
The CSI 300 index of Shanghai- and Shenzhen-listed stocks has climbed more than 8 per cent in June. That has put the benchmark on track for its biggest one-month rise since July 2020, when global investors snapped up Chinese shares as the country exited its first round of Covid-19 lockdowns ahead of the rest of the world.
沪深300指数(CSI 300 index)6月上涨逾8%。这意味着该基准指数有望出现2020年7月以来的最大单月涨幅，当时中国先于世界其他地区走出第一轮新冠封锁，全球投资者纷纷购入中国股票。