Many positives energize A shares
By Cai Xiao | China Daily | Updated: 2017-10-16 07:49
RRR cut, ample liquidity, profit forecasts, fund launches lift mood
China's A shares will likely shine brighter this month onward on the back of the central bank's Sept 30 cut to its reserve requirement ratio or RRR for certain banks, market insiders said.
Adding to the glad tidings are forecasts of improved third-quarter financial performance of listed companies, they said.
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