Shares of China Minsheng Bank, among the hardest hit by the June cash crunch, have rebounded nearly 30 per cent in Hong Kong. Photo: Reuters Shares of China Minsheng Bank, among the hardest hit by the June cash crunch, have rebounded nearly 30 per cent in Hong Kong. Photo: Reuters
Shares of China Minsheng Bank, among the hardest hit by the June cash crunch, have rebounded nearly 30 per cent in Hong Kong. Photo: Reuters

Why further rally in Chinese stocks is unlikely

Fresh liquidity and positive economic data sparked recent gains, but capital flows suggest interest in equities remains sluggish

Topic |   China stock market
Shares of China Minsheng Bank, among the hardest hit by the June cash crunch, have rebounded nearly 30 per cent in Hong Kong. Photo: Reuters Shares of China Minsheng Bank, among the hardest hit by the June cash crunch, have rebounded nearly 30 per cent in Hong Kong. Photo: Reuters
Shares of China Minsheng Bank, among the hardest hit by the June cash crunch, have rebounded nearly 30 per cent in Hong Kong. Photo: Reuters
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