According to Bloomberg, the strength of the US stock rally in 2023 has taken several market participants by surprise.

Bulls, however, point to solid economic growth in the face of high interest rates as a sign of confidence.

Outperforming tech names, boosted by the artificial intelligence frenzy, have helped sustain those gains.

Chinese stocks - and, by extension, Asian shares - have also jumped after the nation rolled out further property support measures, the latest in a robust campaign to rescue the struggling sector that’s been dragging down the economy.

On Money in the Market, Hongbin Jeong speaks to Thilan Wickramasinghe, Head of Equity Research, Maybank Securities, to delve further into these market movements.