By Wong Kon How
China stocks higher despite protest, what’s happening? I first read about protests sweeping China earlier this week.
The SSE Composite Index also known as SSE Index is a stock market index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange.
What is giving the China stock market the lift? Investors are still more concerned about China’s relationship with the world than the domestic crisis. It seems there is a connection after China’s National Congress.
· 16 Nov 22 – Biden and Xi met for the first time after Biden took office
· 04 Nov 22 – German Chancellor, Olaf Scholz visited China
· 22 Oct 22 – China 20th National Congress concluded