Tuesday, October 13, 2015
Stock Market and Foreign Exchange Market Show Signs of Recovery
ANBOUND
Market observation indicates that both stock market and foreign exchange market have shown signs of recovery.
But for how long this can last? Does this mean yet another turning point?
Anbound's research team is of the view that the answer requires further observation, the fundamentals of the current Chinese economy are not sufficient to revive the bull market.
It should be stressed that judging from the earlier lessons from the stock market crisis and the rescue of it, even if the market does get better, the government should not roll out policy measures to revive bull market.