HONG KONG -- The rally in Chinese equities is getting a turbo boost from foreign investors in a sign that fear of financial decoupling between the U.S. and China has not reached stock markets.
The CSI-300 Index of the largest listed shares on the Shanghai and Shenzhen stock exchanges has climbed 15.7% this year, only lagging the Nasdaq composite index among major global indexes. And the country's stock market capitalization is hovering at close to $10 trillion -- levels not seen since the 2015 crash that wiped out nearly half of its value.
