Monday 04:05 BST. The stock-buying euphoria in Greater China markets entered a second week in spite of new data showing that China exports in March undershot forecasts.
The Shanghai Composite, already up a quarter this year, added another 1.1 per cent in the first hour of trading. The smaller Shenzhen Composite climbed 0.8 per cent, taking its 2015 gain to 53 per cent — outpacing the world’s second-best equity market, Venezuela, by more than 10 percentage points.
In Hong Kong, gains were more subdued: the Hang Seng Index rose 0.4 per cent after leaping 7.9 per cent last week, driven by an influx of Chinese cash via the Stock Connect link that allows mainland investors unprecedented access to shares in the city.
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