In China's Strange Bull Market, Most Stocks Are Retreating
- Shanghai Composite’s gain has left a majority of shares behind
- It’s a break with history and makes the gauge a global outlier
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Every bull market is unique, but the one in China right now looks downright strange.
The Shanghai Composite Index has climbed 24 percent from its January 2016 low, and yet a majority of stocks in the benchmark gauge have fallen during the period.