Quotes of the day

"The Shanghai Composite Index is expected to rise to 10,000 points in the first half of 2016. And there will be no sharp decline in that process because of the large amount of money entering the stock market."

Liu Shuwei, director of the Chinese enterprise research center at the Central University of Finance and Economics

"The new round of policies to stimulate the property market should not just benefit investors in the short term. They must also have a positive effect in the long term."