Analysts say Chinese stock markets haven’t bottomed out despite the number of oversold stocks. Photo: Bloomberg
China stock market
What rebound? China’s huge number of oversold stocks signals equity market woes aren’t over
Although 54pc of Shanghai benchmark index stocks are oversold, analysts say that’s no indication of the market bottoming out
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China stock market
Analysts say Chinese stock markets haven’t bottomed out despite the number of oversold stocks. Photo: Bloomberg