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MNI: Reforms Needed To Consolidate China’s Stock Rally

Advisors and analysts chart a path for the A-shares market.

MNI (BEIJING) - Beijing must continue to pursue equity market reform and provide fiscal stimulus to consolidate recent A-share gains driven by the central bank’s monetary easing, and the planned introduction of new capital market financing tools, advisors and analysts told MNI. 

The sustainability of the equity market’s rally this week depended on improved economic conditions and increasing the quality of listed companies, said Zhao Xijun, co-president of China Capital Market Research Institute.

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MNI (BEIJING) - Beijing must continue to pursue equity market reform and provide fiscal stimulus to consolidate recent A-share gains driven by the central bank’s monetary easing, and the planned introduction of new capital market financing tools, advisors and analysts told MNI. 

The sustainability of the equity market’s rally this week depended on improved economic conditions and increasing the quality of listed companies, said Zhao Xijun, co-president of China Capital Market Research Institute.

Keep reading...Show less