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Consumption upgrade bolsters long-term outlook for A shares

By Shi Jing in Shanghai | China Daily | Updated: 2019-05-06 07:37

Makers of Chinese liquor, appliances, foods, beverages and interior decor to benefit big time

Investors holding a long position in stocks of consumption-related companies in China's A-share market will likely reap rich dividends over the long term, given such companies' outstanding sales and strong financials in the first quarter, market insiders said.

A long position refers to the buying of securities such as a stock, currency or commodity in expectation that their value will appreciate.

Consumption upgrade bolsters long-term outlook for A shares

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