China's $11 Trillion Stock Market Is Staging a Quiet Resurgence
Mainland households, flushed with record-high savings, are turning to equities for better returns as interest rates continue to drift lower. This shift in behavior has led to a surge in margin loans taken out to buy stocks, which climbed to the highest level since 2015 this week. The momentum is also seen in the monthly average turnover on onshore exchanges, which is on track for a third month of advances.
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