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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:

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