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Institutions forecast a rise in China's A-share market next year

Institutions forecast a rise in China's A-share market next year

Write: Madonna [2011-05-20]

Top researchers from five financial institutions including BOC International Holdings Limited and Minsheng Securities Co said at a forum in Beijing on Sunday they are bullish about China's A-share market in 2011, Shanghai Securities News reported Monday.

One of the researchers forecast that the benchmark Shanghai Composite Index may hit 4,500 points in 2011.

Xu Weihong, head of the research division of Guodu Securities Co, expected the benchmark Shanghai Composite Index to reach 3,500 or even 4,000 points in 2011. He said the loose financial policies will encourage the performance of listed companies, and the initial contraction of macroeconomic policy is also beneficial to the stock market.

Institutions forecast a rise in China's A-share market next yearTheme park numbers rising>