Liu Yu
Liu Yu
abundant booming broad buy economic expect funds good investors market move narrow positions prospect range supply
The broad market has a good long-term prospect as there is an abundant supply of funds and on China's booming economic growth. But I expect the index may still move in a narrow range now as institutional investors unload some of their positions and buy others.
february initial next public quarter resume sometime spring
The stipulation indicates the regulator may resume initial public offerings in Shanghai in the first quarter of next year, probably sometime in February after the Spring Festival.
downward earnings face figures late likely poor profit results
Rosy earnings results spurred the market. But as firms with poor profit figures often unveil their results in late April, the index likely will face downward pressure.