This Is What a Bull Run Looks Like in China’s Stock Market
- Turnover explodes on Monday as CSI 300 enters bull market
- Margin lending is increasing, though from a low base
This article is for subscribers only.
A big day’s worth of turnover before the morning’s even out. Every stock with the word "securities" in its name rising by the daily 10 percent limit. And 260 shares up for every one that’s down.
Welcome to a bull market in Chinese equities, where hot-or-cold sentiment is currently approaching a rapid boil. More than $1 trillion has been added to stock values in less than two months, rewarding investors who kept the faith after the worst year for shares in a decade.