China Stock Market May Open To The Upside

The Shanghai Composite rebounded on Wednesday after a two-day pause in a short winning streak; the index had gained almost 35 points (about 0.9%) during that streak and now sits just under the 3,950-point level. The article notes expectations that the market will bounce higher again, implying modest upside for China equities but limited immediate market-moving implications.

Analysis

The Shanghai Composite rebounded on Wednesday after a two-day pause in a short winning streak; the index had gained almost 35 points (about 0.9%) during that streak and now sits just under the 3,950-point level. The article notes expectations that the market will bounce higher again, implying modest upside for China equities but limited immediate market-moving implications.