16 August 2016 at 1:25 GMT
China’s stock rebound is shifting up a gear. Kana Nishizawa writes that a rally that started in Hong Kong-listed equities is spreading to the $6.3 trillion mainland market, where Shanghai’s benchmark gauge just posted its best two-day climb since March and the Shenzhen Composite Index is at an almost three-week high. Trading volume jumped on Monday amid broad gains that saw 90 stocks advance for each that fell. Chinese shares – whether listed at home, in Hong Kong or in the US – are among the world’s best performers in August as fears of a hard landing in the world’s second-largest economy recedes and the yuan stabilises.
Read full article at Bloomberg