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The benchmark Shanghai Composite Index crosses 3,600 points

chinadaily.com.cn | Updated: 2021-06-10 20:45
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The benchmark Shanghai Composite Index crossed the 3,600 point mark on Thursday on the back of strong buying support. The index closed at 3610.86 points, up 0.54 percent from Wednesday, making it the second time this month that it has rallied strongly. The smaller Shenzhen Component Index too rose by 1.19 percent to 14,893.59 points.

The share rally is a clear indication that the A-share market is now firmly in the positive territory after some declines last few months. Market analysts are unanimous that the bulls are back for an extended run, while the bears have gone into deep hibernation.

To understand the reasons behind the current bull rally and the declines of last few months, click here for more

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Zhou Lanxu, Zhuang Qiange

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Wang Yuxi, Qiao Yuhao

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Hu Yuanyuan and Zhang Chunyan

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