Chinese President Xi Jinping’s meeting with private entrepreneurs boosted emerging market equities, sending the MSCI gauge to a three-month high. The rally was driven by DeepSeek’s AI model and fueled further upside, according to Tiger Brokers. With authorities potentially adopting a more business-friendly stance and a weaker dollar added to the optimism, emerging-market equities rose as much as 1.1% to reach 1,137.43 on Monday, the highest since November.
Source: https://www.bloomberg.com/news/articles/2025-02-17/emerging-stocks-rise-to-three-month-high-as-deepseek-lifts-mood