Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How Chinese Tech Stocks Are Rallying While EM Currencies Struggle
Episode 91 of The Emerging Markets Podcast digs into a striking divergence in July 2026. While currencies across developing economies remain under pressure—the trade-weighted dollar still near 121 and the yuan pegged at 6.80—Chinese tech stocks listed in the U.S. are staging a notable rally: Baidu up nearly 9% in a week, PDD up 7.6%, JD up almost 5%. Lucas and Luna explore what's driving this disconnect. They break down the role of Beijing's recent stimulus signals, the AI narrative lifting Baidu specifically, and why the broader emerging market ETF, EEM, is still down 2.2% over…
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