SIC sees bullish stock market next year
Print Edition
Chinese stock markets will turn bullish in 2014, the State Information Center (SIC), a government think-tank, has predicted.
Shares have fallen drastically but it is highly possible they will pick up next year, said SIC analyst Xu Pingsheng, the author of a SIC report on Chinese stock markets in 2013 and 2014.
The Chinese economy will run at around the current speed with growth advantages in central and western regions because of industrialization and urbanization, the report said.
It forecasts that earnings of companies listed on A share markets will climb 11 percent this year and 14 percent in 2014, Xu told the Economic Information Daily.
A shares refer to shares that are traded in yuan on the Shanghai and Shenzhen stock exchanges.
China is expected to push forward with economic and political reforms, as well as economic restructuring, and the moves will gradually benefit the markets.
But liquidity pressure will persist in 2014, Xu said.
The Chinese economy grew 7.8 percent in 2012, the lowest in 13 years. The target set by the government this year is 7.5 percent, a sign that authorities are willing to tolerate slower growth to achieve quality expansion driven less by exports and investment and more by consumption.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
