China's Stock Rally Still Misses One Crucial Piece
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China's Stock Rally Still Misses One Crucial Piece By Henry Ren, Bloomberg markets live reporter and strategist Chinese stocks have rebounded yet local retail traders are still holding back. That’s bad news for a rally that’s looking increasingly stretched. In Hong Kong, aggressive buying by foreign funds has lifted the Hang Seng Index by 18% since the close on April 19. Things, however, look much calmer onshore. The CSI 300 Index has climbed only 4% in that span, still short of a...

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