Barclays, Blackfriars & BlackRock all say B careful of China equity rebound

Barclays, Blackfriars & BlackRock ...

Say to "B" careful, that the rebound in Chinese equities spurred by government directed stimulus will probably fade ... as the measures underscore fundamental weakness

That's the summary from Bloomberg, here

• "I don't think this is the start of a new move in Chinese equities higher," Ajay Rajadhyaksha, head of macro research at Barclays, said by phone from New York on Friday. The country needs economic "growth numbers to improve sharply, and that does not seem to be happening," he said.

More at the link.

At the lunch break in China stocks, a move down from the earlier high:

Still, not a bad morning for the Shanghai Composite