Analyst recaps Chinese stock market performance on Monday
Analyst recaps Chinese stock market performance on Monday
9 months ago
bastillepost.com
The Shanghai Composite Index closed at 3728.03 points after reaching a 10-year high of 3745.94 on Monday, while daily turnover reached 2.81 trillion yuan, the highest since last October’s rally, according to Wind Info. Analysts said the recent rally offers a wake-up call for investors to further recognize the value of Chinese assets and may add fuel to the ongoing revaluation of Chinese equities, though near-term corrections may follow after the sharp gains. | Invest in China
1:17
The Shanghai Composite Index closed at 3728.03 points after reaching a 10-year high of 3745.94 on Monday, while daily turnover reached 2.81 trillion yuan, the highest since last October’s rally, according to Wind Info. Analysts said the recent rally offers a wake-up call for investors to further recognize the value of Chinese assets and may add fuel to the ongoing revaluation of Chinese equities, though near-term corrections may follow after the sharp gains. | Invest in China
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