Reported about 16 hours ago
China's stock market is poised for a significant uptrend as small investors are expected to shift their $23 trillion in savings into equities, following a 10% rise in the CSI 300 Index in August. Analysts believe this influx of household cash from bank deposits will drive stock prices substantially higher, regardless of recent economic concerns. With a favorable environment for stocks and low bond yields, there's an anticipation of a gradual and sustainable transition from savings to equity investing, although regulators are cautious to avoid market volatility.
Source: YAHOO