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Why China's Stock Market Rebounded 5.3% Today
China's stock market rebounded 5.3% today (Thursday) following a Wall Street rally on Wednesday.
The Shanghai Composite Index soared 156.30 points today to finish the session at 3,083.59. It was the index's biggest one-day gain since June 30. The smaller Shenzhen Index added 59.14, or 3.33%, to close at 1,832.58.
China's stock market rebounded 5.3% today (Thursday) following a Wall Street rally on Wednesday.
The Shanghai Composite Index soared 156.30 points today to finish the session at 3,083.59. It was the index's biggest one-day gain since June 30. The smaller Shenzhen Index added 59.14, or 3.33%, to close at 1,832.58.