Traders Bet on Rally for China’s Markets

A dramatic rally in shares of Chinese companies has unleashed a frenzy of trading activity, with many investors positioning for an even bigger advance. The Shanghai Composite rose for eight consecutive trading days through Thursday, climbing 16.5% over that stretch—the largest eight-day percentage gain since May 2008 and the biggest eight-day point gain since June 2015, according to Dow Jones Market Data. The index handed back a fraction of those gains on Friday, declining 1.9%….

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