Policy measures to bolster share prices

Listed companies anticipate better conditions for liquidity during the second half

Looser policies designed to stabilize the macroeconomy will help fuel a recovery in share prices during the second half of the year and bolster sagging capital market sentiment, analysts said on Tuesday.

China's economy grew at its weakest pace in 18 months in the first quarter, expanding by 7.4 percent, lower than the 7.5 percent official target. Although there are signs that the economy may be gaining strength, with the official Purchasing Managers Index readings rebounding in June and electricity output increasing, policymakers are considering more measures to offset pressure from the rapidly cooling property market.