China could be headed for “ultra-bull” rally - Chinese markets - TopicsExpress

China could be headed for “ultra-bull” rally - Chinese markets could be headed for an “ultra-bull” rally after the Shanghai Composite Index rose to a three-year high yesterday. Morgan Stanley (MS) believes that the rapid pace at which mainland investors are opening stock accounts is a sign of fundamental investor participation. This in turn could lead to an “ultra-bull” rally where share prices double in 18 months. Central bank efforts to bolster China’s economic growth... ow.ly/2RxIpU

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