People walk past a large screen showing the latest stock exchange data in Shanghai on August 22, 2022. Combined trading volume on the Shanghai and Shenzhen on Wednesday shrank to a level not seen since October 27, 2020. Photo: EPA-EFE
People walk past a large screen showing the latest stock exchange data in Shanghai on August 22, 2022. Combined trading volume on the Shanghai and Shenzhen on Wednesday shrank to a level not seen since October 27, 2020. Photo: EPA-EFE

As China’s market turnover sinks to two-year low, stock analysts ask if a turnaround or capitulation is imminent

  • Some analysts argue that selling pressure is close to ending and that stocks have a chance of turning around after a three-month setback
  • A contrary point of view says fundamentals have not changed and the market still has room to fall

People walk past a large screen showing the latest stock exchange data in Shanghai on August 22, 2022. Combined trading volume on the Shanghai and Shenzhen on Wednesday shrank to a level not seen since October 27, 2020. Photo: EPA-EFE
People walk past a large screen showing the latest stock exchange data in Shanghai on August 22, 2022. Combined trading volume on the Shanghai and Shenzhen on Wednesday shrank to a level not seen since October 27, 2020. Photo: EPA-EFE
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