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China overtakes Japan as world's second-biggest stock market

Its market cap climbs to US$4.48 trillion this week while Japan's slips to US$4.46 trillion

LISTING BOOST: A 33 per cent increase in China's market capitalisation this year has been helped by the resumption of initial public offerings in January after a more than year-long freeze.


CHINA surpassed Japan as the world's second-largest stock market for the first time in three years amid growing investor confidence that policymakers in Beijing will revive the economy with monetary stimulus.

China's market capitalisation climbed to US$4.48 trillion on