China Shares May Hand Back Tuesday's Gains

Shanghai Composite rebounded on Tuesday and sits just above the 4,120-point level after a one-day pullback that ended a two-day run which had added more than 40 points (~1%). The market recovered modestly but may open lower, indicating limited and mixed near-term momentum rather than a decisive directional shift.

Analysis

Shanghai Composite rebounded on Tuesday and sits just above the 4,120-point level after a one-day pullback that ended a two-day run which had added more than 40 points (~1%). The market recovered modestly but may open lower, indicating limited and mixed near-term momentum rather than a decisive directional shift.