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Article: 2006 MARKS START OF BULLISH CHINESE STOCK MARKET: JP MORGAN.
- Article from:
- AsiaPulse News
- Article date:
- December 8, 2006
CopyrightCOPYRIGHT 2006 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, Dec. 8 Asia Pulse - 2006 only marks the beginning of a bullish Chinese stock market though doubts are gathering over whether the ebullient market can hang on, according to economists of JP Morgan China.
Frank Gong, chief economist with the investment bank, said at a Dec. 6 forum that structural improvements of the Chinese stock market can hang on for years and the year of 2006 merely marks a beginning of it.
Mr. Gong said that this year has seen unprecedented harmony between macro economy, financial market and capital market.
The fast growth over the past couple of years did not exert impacts on stock market, and this year's bullish ...