Is China stock market on a recovery? Judging from the Shanghai Index performance, it looks likely that China stock market will stage a rebound given all the stimulus measures that the China Government has put in place.
The Shanghai Index is now very close to its 50 day moving average and on several occasions in Nov, the index actually went above its 50 day moving average.
The index seems to have bottomed out at 1664 which was the low set on 28 Oct 08.
The Shanghai Index is now very close to its 50 day moving average and on several occasions in Nov, the index actually went above its 50 day moving average.
The index seems to have bottomed out at 1664 which was the low set on 28 Oct 08.
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Would you consider being a or having a guest blogger to provide content, articles and China Stock Market Commentary?
If interested, please contact Lewis at lsouthwick@chinastockdigest.com
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