Could this be the week China shares finally escaped a prolonged bear market?
Having fallen 65 per cent since its bubble-era peak in 2007, the Shanghai Composite bounced 5 per cent this week after the Chinese premier and the head of its securities regulator sought to boost confidence in equities and pledged to enact a fresh round of reforms.
“The pace of financial reform is picking up noticeably,” says Joyce Poon, analyst at research house Gavekal. “The result could be a substantial and permanent re-rating of Chinese stocks over the next six months.”
您已閱讀12%(553字),剩餘88%(4059字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。