Bull run in A shares to continue in Year of Ox
By SHI JING in Shanghai |
China Daily |
Updated: 2021-02-18 09:10
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Investors check share prices at a securities brokerage in Fuyang, Anhui province. LU QIJIAN/FOR CHINA DAILY
Adequate liquidity, a positive outlook on the performance of public companies and continued economic recovery will help the A-share market to maintain a bullish trend in the Year of the Ox, experts said.
The probability of the benchmark Shanghai Composite Index going up during the first trading week after the Spring Festival came in at 76 percent while the rate for the index to report gains during the month after the Lunar New Year began came in at 66 percent, Guosen Securities said in a report that used data over the past 21 years.