Why China's Stock Market Is In Beast Mode [Forbes]
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Source: Forbes
Why China's Stock Market Is In Beast Mode The Bund Bull stands in Shanghai. After defying skeptics with solid growth last year, does China's stock market have any upside left? Photographer: Qilai Shen/Bloomberg photo credit © 2017 Bloomberg Finance LP China A-shares -- the stocks of mainland companies listed in Shanghai and Shenzhen -- are still light years away from their June 12,2015 peak. That's a peak that will probably never get revisited again. But for a country whose economy is both slowing and fighting a trade war with the U.S., China has officially surpassed Brazil as the darling of global investors. This market is a runaway train. It's not hard to understand why, of course. China's stock market always gets carried away just before indexers MSCI are weighing whether or not to add more to the weight of mainland equities to their biggest indexes. They did that a little over a month ago. The People's Bank of China is not-so-quietly supporting some stocks on the exchange, buying
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