Mun Hon Tham, Head of Greater China Research, UOB Kay Hian

16-Jul-20 07:37

Chinese stocks have been on a massive rally. The Shanghai Composite index is up over 15% on a one-month basis, while the S&P 500 is up about 3.6% in the same period, but can the rally continue?

Some analysts have pointed to similarities with what happened in 2015, where the market crash after the value of Chinese stocks rose above $10 trillion for the first time.

With Chinese markets are once again reaching those levels once again, will history repeat itself?

Image source: EPA-EFE