Rally by blue chips pushes index higher
By Li Xiang | China Daily | Updated: 2015-07-07 07:38
Wide-ranging series of support measures fails to stop small stocks tumbling further
Gains by large-cap and blue chip stocks stabilized the stock market on Monday after the government rolled out an unprecedented series of measures to halt a dramatic slide that has raised fears of a crash.
But the sharp divergence between large-and small-cap stocks could be a troubling sign and may complicate the government's rescue efforts, analysts warned.
Photo