Chinese hopes for economic rebound driving new stock market frenzy

December 8, 2014 9:15 AM

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Chinese hopes for economic rebound driving new stock market frenzy

In this Dec. 4, 2014 photo, investor share a light moment as they check on stock prices at a brokerage house in Fuyang in central China's Anhui province. Economic growth fell to a five-year low of 7.3 percent in the latest quarter but investor sentiment was recharged by Beijing’s surprise interest rate cut Nov. 22 that is expected to put a floor under the slump. (AP Photo) CHINA OUT (The Associated Press)

In this Dec. 4, 2014 photo, investor check on stock prices at a brokerage house in Fuyang in central China's Anhui province. Buoyed by hopes for an economic rebound combined with outright cheerleading by the state press, the market benchmark has soared 47 percent since June, including 8 percent last...

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