Experts Expect Policies To Promote Counter-Cyclical Investing

Authorities will likely introduce lock-in periods, establish value concepts and optimise market environments to boost counter-cyclical investing, according to Tian Lihui, dean at Nankai University's Institute of Financial Development. Tian’s comments follow an announcement by Lin Xiaozheng, deputy director at the China Securities Regulatory Commission, that authorities will formulate an incentive and restraint mechanism to support counter-cyclical investing. Wei Fengchun, chief economist at Chuangjin Hexin Fund, said counter-cyclical investing will be encouraged in new consumption and technology sectors in accordance with China's strategic plans. (Source: Securities Daily)