Reforms stabilize stock markets
By Wu Yiyao in Shanghai | China Daily | Updated: 2017-01-09 07:13
Investors look at fundamentals and profitability, not speculation
In the first quarter of 2017, deepened reforms are creating opportunities for investors. And, the deleveraged capital market with better regulation and fewer risks will benefit sectors with solid fundamentals, said an analyst.
Policy makers have prudently focused on deleveraging the market and have tightened control over "suspicious capital flows" in order to better regulate foreign exchange remittances and purchases.
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