A giant display of stock indexes stands over a street in Shanghai on October 24, 2022. Photo: Reuters
A giant display of stock indexes stands over a street in Shanghai on October 24, 2022. Photo: Reuters

China’s onshore stock rally after Covid-19 easing succumbs to spike in infections, as traders grow wary of growth outlook

  • A run-up after the end of zero-Covid has fizzled, with the CSI 300 Index falling 4.3 per cent from a December 9 high amid poor economic data
  • Analyst opinions differ on whether markets have already priced in the full impact of easing measures, as traders hope for more economic stimulus

A giant display of stock indexes stands over a street in Shanghai on October 24, 2022. Photo: Reuters
A giant display of stock indexes stands over a street in Shanghai on October 24, 2022. Photo: Reuters
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