SHANGHAI/HONG KONG: Animal spirits are back in China's stock market as investors rush into equities, galvanized by Beijing's policy bonanza and driven by fear of missing out on what some see as a rally of historic intensity.
Brokerages are bustling with retail clients and a burst of orders is jamming trading systems as investors rotate money out of bonds and deposits into stocks, leading to an explosion in stock turnover and a jump in yields.
