China Stimulus Hopes Lift Asian Equities, KALL Benefits
June 16, 2023 at 14:27 PM EDT
Flagging economic recovery in China spurred the People’s Bank of China into action this week, cutting lending rates. The cuts are likely to be followed by a stimulus package to stave off further weakening. Equities in China and the Asia region rose in response, benefiting broad China funds like the KraneShares MSCI All China Index [...] The post China Stimulus Hopes Lift Asian Equities, KALL Benefits appeared first on ETF Trends .
