Surging China Stocks Are Giving Market Veterans the Jitters
An electronic ticker displays stock prices in Shanghai’s financial district.
Photographer: Raul Ariano/Bloomberg
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Hi, this is Charlie Zhu in Shanghai.
Following years of underperformance, China’s stock market seems to be making a long-awaited comeback. Equities listed in Shanghai surged to the highest in a decade this week. Many shares listed on the nation’s benchmark, the CSI 300 Index, are trading above their 50-day moving averages.