The bullish upsurge in the Chinese stock market continues unabated. Yesterday, the benchmark Shanghai index hit a record high for a second day in succession. For the first time in history, it breached the 4,000 level. Shanghai’s benchmark...

Shares in China’s Bank of Communications highlighted the current Chinese penchant for new listings on Tuesday. Having an initial offer price of 7.9 Yuan, the shares shot up by nearly 71 per cent to close at 13.54 Yuan, at the end of days...