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China stocks keep outdoing forecasts

Monetary easing and a buying frenzy among Chinese retail investors sent shares more than doubling through last week alone
Wednesday, May 27, 2015 - 05:50
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Investors looking at computer screens showing stock information at a brokerage house in Shanghai on Tuesday. Individuals account for about 80 per cent of equity trading and stock accounts with non-zero balances are rising at the fastest pace since at least 2008, according to data from the China Securities Depository and Clearing Corp.

ONLY in China can you predict the world's biggest stockmarket rally and still come out looking like a pessimist.

A year ago, analysts who cover the 50 largest companies trading in Shanghai and Shenzhen said equities were set to rally 28 per cent. Turns out they weren't anywhere near