China's small and medium-sized enterprise development index edged up 0.1 point to 89.4 in August, reflecting continued recovery momentum in the sector thanks to strengthening policy support for the private economy and investment.
Buyback wave set to lift market tide, sentiment2023-08-23
While the A-share market bounced back on Tuesday amid buyback plans announced by asset managers and public sector companies, such moves, which indicate the market's bottoming out in the near term, will help further gird investor expectations and market performance, experts said.
Experts see stock decline ending soon2023-08-15
The debt-ridden Chinese property industry's troubles and downward pressure on economic growth may be affecting the A-share market sentiment now, but expected supportive policies will likely inject more vitality into Chinese stocks and stabilize investor expectations in the following months, experts said on Monday.
H2 growth hopes surge on buoyant equities2023-08-14
Starting July 25, the Shanghai Composite Index, China's benchmark stock barometer, rose 3 percent in two weeks. The daily trading value at the Shanghai and Shenzhen bourses has since reached 1 trillion yuan ($139.2 billion). "Technically and emotionally, the A-share market will be more upbeat in the second half of this year," said Chen Li, chief economist of Chuancai Securities.
Mutual funds to turn around after sluggish market in H12023-08-14
While the mutual fund market was relatively sluggish in China in the first half of the year, both measured by issuance pace and trading activity, more vibrancy can be expected in the following months amid investors' rising risk appetite and more importantly, the country's economic recovery, said experts.
