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Global equity markets have ended the Financial Year 2023-24 on a higher note. Major global equity benchmarks surged significantly and rose up to 44% this year.
Bitcoin has emerged as a standout performer in 2023, overshadowing traditional asset classes such as gold, equities, real estate, and bonds.
The excess savings built up by Chinese households during the past three years of lockdowns will probably generate as much as 600 billion yuan (US$87 billion) of inflow into stocks, according to the Swiss bank.