Chinese stocks crack into bull market, analysts see more momentum

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Stocks in mainland China and Hong Kong are cracking into bull market territory on Monday on hopes of a stronger economic recovery, Beijing’s continued reforms in the capital markets and ample liquidity.

The Shanghai Composite Index surged by 5.7 per cent to close at 3,332.88, marking the highest level since January 2018 and its best single-day percentage gain since July 2015. That makes the index more than 20 per cent higher the recent low seen in late March, bringing it into a technical bull market. Hong Kong's Hang Seng . . .

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