China’s Surging Tech Stock Index Faces Rising Concentration Risk
China’s tech-heavy ChiNext Index is becoming increasingly concentrated as it powers to an 11-year high, buoyed by earnings beats from a small group of heavyweight stocks.
By Charlie Zhu, April Ma, Mengchen Lu · Bloomberg Markets
China’s tech-heavy ChiNext Index is becoming increasingly concentrated as it powers to an 11-year high, buoyed by earnings beats from a small group of heavyweight stocks.