Mainland stocks will extend this year's bear market losses and investors should avoid bank shares as loan growth slows and the need to raise additional capital increases, according to Pacific Sun Investment Management Ltd.
Mainland stocks rallied, driving the benchmark index to its biggest gain since October, on speculation policymakers will rein in efforts to cool the economy as Europe's debt crisis threatens a global recovery.
Property shares led the gains on Monday as the mainland's key stock index experienced its biggest one-day rise in more than eight months. The surge came on hopes that tightening measures made by the central government had already released their negative energy. Equities rally as economy concerns wane Analysts say more downside to come
Chinese equities rallied for the second consecutive trading day on Monday. Most stocks gained led by property shares as concerns over tougher measures on property market eased.
Asian stocks rose, led by the biggest gain in China's shares since November, on speculation Chinese policy makers will rein in efforts to cool the economy as Europe's debt crisis threatens a global recovery.
China's stocks rallied, driving the benchmark index to its biggest gain in almost six months, on speculation the government will abstain from further measures to cool the property market given Europe's debt crisis. Asian stocks rise as China tightening concerns ease
The gains in China's stock index futures may signal that long-term market sentiment may start to improve as investors' concerns about the possibility of more credit tightening eased, analysts said. First month of futures trading ends smoothly
China's stock index futures wrapped up their first month of trading on Friday as the May contract was delivered smoothly without triggering sharp declines or volatility in the spot market.
The ChiNext Index was up Friday as only 3 of the 82 stocks at China's start-up board for small and medium-sized enterprises closed down.
China's stock index futures closed up Friday with the contract for May up 0.51 percent to end at 2,749.8 points from the previous trading day.
Chinese equities rebounded slightly Friday after falling for two consecutive trading days, thanks to gains in property and Xinjiang-related shares.
The Ministry of Finance will issue 50-year book-entry treasury bonds with a total value of 28 billion yuan ($4 billion) on Friday, and the potential buyers will mainly be insurance companies, the official Xinhua News Agency reported.