(Bloomberg) — China’s equity market is firmly in the spotlight after an almost unprecedented rally that helped lift global stocks to a one-month high.
The speed of the past week’s gains in China is in many ways unseen since the stock bubble that burst five years ago. Monday’s surge alone added more than $460 billion to Chinese stock values, behind just one day in July 2015 as the biggest increase in shareholder wealth since the global financial crisis.
The advance continued on Tuesday, though at a slower pace. The CSI 300 Index rose 0.6% at the close to extend its