4 days ago
China's $11 Trillion Stock Market Is Staging a Quiet Resurgence
Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the rally.
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.
