Investors are seen monitoring stock prices in a brokerage gallery in Shanghai in February 2019. The 78 per cent rise in the CSI 300 Index since 2018 leaves the market overstretched, BCA Research says. Photo: Xinhua
Investors are seen monitoring stock prices in a brokerage gallery in Shanghai in February 2019. The 78 per cent rise in the CSI 300 Index since 2018 leaves the market overstretched, BCA Research says. Photo: Xinhua
Stocks
Business /  Companies

China’s A-share market fatigue has stock bulls praying for earnings salvation amid liquidity, valuation stress

  • Gains in aggregate stock indices mask the narrowing breadth of rally as winners are concentrated among only a few sector leaders
  • Record cash inflows into domestic mutual funds may sustain buying support for A-share market

Zhang Shidong
Zhang Shidong in Shanghai

Updated: 8:13am, 1 Feb, 2021

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Investors are seen monitoring stock prices in a brokerage gallery in Shanghai in February 2019. The 78 per cent rise in the CSI 300 Index since 2018 leaves the market overstretched, BCA Research says. Photo: Xinhua
Investors are seen monitoring stock prices in a brokerage gallery in Shanghai in February 2019. The 78 per cent rise in the CSI 300 Index since 2018 leaves the market overstretched, BCA Research says. Photo: Xinhua
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