Chinese Stocks Rally 20% on Hopes Market Slump Is Ending

• Chinese stocks have rallied 20% from recent lows, fueling hopes of a market bottom • Sentiment has sharply improved after months of poor performance and foreign investor exits • Signs economy and earnings picking up, along with policy support, suggest downturn ending • Investors betting on Xi's high-tech push and property measures starting to pay off
• Despite optimism, path upward likely choppy given challenges like US-China tensions