The Shanghai Composite has run up more than 10 per cent in gains this year. Above, traders look at stock prices at a brokerage house in Shanghai on July 6, 2018. Photo: Reuters

China stocks rally above a key resistance line – but the party fizzles out

  • Shanghai Composite Index rises above its 200-day moving average briefly in intraday trading
  • When it last held onto the ground, the index rose an additional 13 per cent over the following six months
Topic |   China stock market

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The Shanghai Composite has run up more than 10 per cent in gains this year. Above, traders look at stock prices at a brokerage house in Shanghai on July 6, 2018. Photo: Reuters
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