Gavekal Capital: Chinese Stocks Are Flirting with a Downside Breakout

Wednesday, June 4, 2014

Chinese Stocks Are Flirting with a Downside Breakout

Major Chinese stock indices have been in a bear market for six years now and currently find themselves testing the lower bound of what may or may not prove to be a base. We'll be watching carefully to see if the lows set in 2012 and 2013 hold. Below we show five years of history for the Shanghai Composite, CSI 100 and CSI 300.

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