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Stock impact report

Chinese Markets Weather Iran War Turmoil Better Than Asian Peers [Yahoo! Finance Canada]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Most Read from Bloomberg In a week marked by mounting geopolitical risks and sharp swings across global markets, Chinese assets have emerged as a comparatively stable corner within Asia. This reflects a mix of factors, including Beijing's emphasis on policy continuity and economic support at the National People's Congress. China's equity markets can serve as “a shelter for global investors seeking diversification during global political instability,” while also offering exposure to the country's artificial intelligence push, said Marco Sun, chief financial markets analyst for China in MUFG Bank's global markets division. The same applies to Chinese bonds and the yuan, he said, adding that this year's economic targets set at the NPC meeting have buoyed sentiment. China's 10-year government bond yield fell by around two basis points this week to 1.79% on Friday, compared with a roughly 20 bps rise in comparable US Treasury yields and increases of more than 20 bps in French bond Show less Read more
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