China Consumer Stocks Catch a Bid Before Holidays as Tech Slumps

Chinese consumer stocks are winning favor with investors just as their high-flying tech peers lose ground amid a global rout, with expectations growing that the former will benefit from increased...

By Jeanny Yu, Abhishek Vishnoi · Bloomberg Markets

Chinese consumer stocks are winning favor with investors just as their high-flying tech peers lose ground amid a global rout, with expectations growing that the former will benefit from increased spending during the upcoming Lunar New Year break.