China\u2019s economy is buckling under the weight of tariffs and a deep-rooted property crisis, yet stocks are extending their bull run \u2014 a disconnect that\u2019s stirring doubts on the rally\u2019s staying power.<\/p>\n
In just the past month, onshore stocks have added almost a trillion dollars to their market value, the Shanghai Composite Index has hit a decade-high and the CSI 300 Index has taken its advance from this year\u2019s low to more than 20%. That\u2019s when nearly every recent economic indicator \u2014 from consumption trends, home prices to inflation \u2014 has brought red flags for investors.<\/p>\n
The rally has been driven by cash-rich investors shifting into stocks amid a lack of alternatives. While the market\u2019s steady advance may suggest less risk of a sudden correction, some analysts are warning that a bubble is in the making. Nomura Holdings is cautioning against “irrational exuberance,\u201d while TS Lombard is calling the mismatch a standoff between “market bulls and macro bears.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s economy is buckling under the weight of tariffs and a deep-rooted property crisis, yet stocks are extending…\n","protected":false},"author":2,"featured_media":92498,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,63,99,512,2490,171,2004,4688,576,1785,10363],"class_list":["post-92497","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-au","tag-australia","tag-business","tag-china","tag-donald-trump","tag-markets","tag-stocks","tag-tariffs","tag-trade","tag-u-s","tag-u-s-china-relations"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/92497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=92497"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/92497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/92498"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=92497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=92497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=92497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}