China Stock Plunge Hits Emerging-Markets Funds Hard
Big losses in China come on the heels of a Russian stock wipeout.
Investors in emerging-markets stock funds are getting hit with a one-two punch. Just weeks after the Russian invasion of Ukraine led to the collapse of that country's stock market, Chinese equities resumed their own slide, leaving many emerging-markets funds down 20% in just the past month.
Prior to a big rally on Wednesday, the recent steep declines in many Chinese stocks came on top of losses in that market going back to last Summer.
Katherine Lynch does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.