Chinese Stocks: What Will the Summer Bring?
by Editorial Staff
Updated: May 27, 2022
It's quickly becoming a hazy memory, but back in 2020, at the start of the pandemic -- which originated in China -- it was Chinese stocks that bottomed first. Yes, despite the lockdowns and frozen global economy, of which China is a key player, somehow the Shanghai Composite decided not to care -- and pushed higher and higher.
This year, the Shanghai Composite fell sharply. What's next? Skip the "fundamentals" talk -- watch our Asian-Pacific Short Term Update editor give you a confident answer using Elliott waves and a couple of simple other technical indicators.
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