China’s Stock Rally Still Misses One Crucial Piece
May 22, 2024 at 17:40 PM EDT
By Henry Ren, Bloomberg markets live reporter and strategist Chinese stocks have rebounded yet local retail traders are still holding back. That’s bad news for a rally that’s looking increasingly stretched. In Hong Kong, aggressive buying by foreign funds has lifted the Hang Seng Index by 18% since the close on April 19. Things, however, look much […] Source
