As reason returns to market, long-term rally on horizon
By Wu Yiyao in Shanghai | China Daily | Updated: 2017-11-06 07:40
Experts say solid fundamentals, healthy financials will impress share investors in Q4
The ongoing rally in the Chinese equity market rally is not a bubble but is well supported by improved profitability of listed companies whose valuations are returning to a rational level, according to UBS Asset Management Co.
The bullish momentum is likely to continue in the fourth quarter of 2017 and into 2018, said UBS AMC, which has assets under management of $703.28 billion worldwide as of June 30, and is among the world's largest asset managers.
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