China stocks rally as investor 'fear of missing out' spreads
HONG KONG -- China stocks have gained momentum as market players scurry to avoid missing rallies driven by supportive policies, analysts say, while cautioning that the upswing does not yet reflect a return of long-term investors.
A series of measures announced since mid-April to support the mainland and Hong Kong stock markets are playing a key role, analysts at Goldman Sachs said in a report published Monday.