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Article: 60% OF CHINA FUND MANAGERS BELIEVE BEARISH STOCK MARKET NEAR END.
- Article from:
- AsiaPulse News
- Article date:
- July 29, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, July 29 Asia Pulse - More than 60 per cent of fund managers believe that the four-year bearish stock market in the country is close to an end, according to a report in the Beijing Daily on Thursday.
The figure is provided by the fourth investigation this year on fund managers, the Beijing Daily said. During a previous investigation in May, only 6 per cent of fund managers believed China's bearish stock market would come to an end soon, the newspaper said.
Some 50 per cent of fund managers now hold that the prospect of the macro-economy is the most important factor influencing the stock market fluctuations, the newspaper said.
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