China Ended Its Year With Another Gigantic Day

The Shanghai Composite was a huge laggard for most of the year, and compared to many global markets, its annual gain of just over 3% was fairly meh.

But the real story is the market’s huge surge in December as the data turned.

The market went out in style with a 1.6% gain following a strong HSBC Manufacturing PMI report.

Here’s the year in a chart. You can see how things got supercharged in the month of December.


Photo: Bloomberg

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

china moneygame-us