CCTV.com - CNTV English - CCTV News

Outlook for China's market in 2nd half

07-05-2010 11:18 BJT

Most securities brokers have agreed China's economic growth will slowdown in the second half of this year, but they hold different views on mainland market direction.

Figures are expected to show GDP slowed in the second quarter. And analysts expect that trend to continue, due to a decline in investment, home and auto sales. GDP growth expectations have been put at 10 percent in the second quarter, 9 percent in the third quarter and 8 percent in the fourth quarter.

But as for the market 13 of the 31 brokerage companies surveyed believe the market will be range-bound, and any rebound will need policy stimulation. 7 brokers think the market will continue to fall. 11 hold a more positive outlook, saying some shares in banking and property have already begun to rebound.

 

Editor:Zhang Jingya |Source: CCTV.com

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program