It's Time to Get Ready for the End of China's Bull Market
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For Chinese investors with a sense of history, the nation’s world-beating equity rally is looking long overdue for a reversal.
The bull market turned 883 days old on Tuesday, topping China’s previous record by 56 days, after a 119 percent surge in the Shanghai Composite Index since December 2012. Even if the advance is measured from June 2013 -- when the gauge narrowly avoided a bear-market drop of 20 percent -- it’s still the second longest since Chinese bourses opened for trading in 1990.