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Gloomy data to slow bullish drive?

By Andrew Moody | China Daily | Updated: 2015-05-11 07:38

The Chinese stock market, described recently by one analyst as being "on fire", finally showed a few jitters last week.

The Shanghai Composite Index, the country's main stock index, fell 4.06 percent on Tuesday and made continued fluctuations over the next few days, wiping trillions of yuan off the value of shares.

Analysts were speculating whether this was merely profit taking or the end of its extraordinary bull run.

Gloomy data to slow bullish drive?

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