The Bund Bull statue and a screen displaying a thank you message for healthcare workers in Shanghai on June 1 when the city ended a lockdown. Photo: Bloomberg
The Bund Bull statue and a screen displaying a thank you message for healthcare workers in Shanghai on June 1 when the city ended a lockdown. Photo: Bloomberg

China’s US$1.3 trillion stock rebound rewards contrarian funds with three barriers challenging path to next level

  • A technical barrier is approaching as the Shanghai Composite Index attempts to scale 3,400 points, a level associated with large trading volume and price retreat
  • Industrial output and retail sales probably weakened last month, among key economic data this week to test investor appetite

The Bund Bull statue and a screen displaying a thank you message for healthcare workers in Shanghai on June 1 when the city ended a lockdown. Photo: Bloomberg
The Bund Bull statue and a screen displaying a thank you message for healthcare workers in Shanghai on June 1 when the city ended a lockdown. Photo: Bloomberg
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