FOMO grips China stock buyers on ‘epic’ trading day before break
Chinese stock trading experienced a surge due to a stimulus package, pushing the benchmark index to its largest gain since 2008. Investor interest hit record highs, with some funds capping subscriptions. Caution remains as investors weigh the potential for sustained growth versus a temporary rally. While Chinese stocks have produced multiple false dawns in recent years, there appears to be growing conviction that this time may be different.