Funds chase alternatives in Asian equities as China anxiety grows

A key Chinese stock gauge saw losses from its recent peak reach 20% just as South Korea’s Kospi flirted with a bull market and benchmarks in India approached all-time highs. — Bloomberg

BEIJING: As frustration over China’s equity performance increases, some of Asia’s other major markets are emerging as more attractive alternatives for global investors.

The divergence has been on full display this week. A key Chinese stock gauge saw losses from its recent peak reach 20% just as South Korea’s Kospi flirted with a bull market and benchmarks in India approached all-time highs.