Greed Returns to China’s Stock Market as Policy Buoys Confidence
This article is for subscribers only.
Investors in Chinese equities are becoming increasingly greedy as efforts by policy makers to stabilize the stock market gave a boost to confidence.
The so-called Fear and Greed indicator, a measure of buying strength versus selling strength, for the CSI 300 Index rose to its highest level since last January, suggesting the gauge may enter a period of strength. The benchmark has gained almost 1% so far this year, after posting an unprecedented third year of losses in 2023.