Chinese households are tiptoeing back into equitiesBloomberg Terminal, driven in part by a stark reality: Almost nothing else looks worth buying.
The CSI 300 Index has surged more than 25% since its April lows, fueled by enthusiasm over artificial intelligence and easing relations with the US, which culminated in a call between Donald Trump and Xi Jinping last week. But other asset classes — from wealth management products to money-market funds — remain stuck in a years-long slump.