Headline from the China Securities Journal cropssing the Bloomberg
- China's economy provides basis for bull market
Efforts to stabilize Chinese equities continue. Not sure about bull market, but certainly bull something
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More from the front-page article:
- Positive momentum of China's economy remains unchanged on abundant demand
- Provides the basis for long-term bull market in stocks
- Investors should focus on the performance & valuation of listed companies instead of speculating on poor-performing, small and new companies