From Nikkei Asia: 2024-05-08 04:00:00

China’s stock market experiences a mysterious surge despite economic tensions and corporate crackdowns. The Shanghai Composite Index soars by 10% in just three weeks, raising concerns about market manipulation and government interventions. Analysts attribute the rally to “phantom factors” rather than genuine investor optimism. The unusual upward trend leaves investors puzzled and wary.



Read more at Nikkei Asia: Phantom forces at work in China’s bull market rally – Nikkei Asia