Monday, July 2, 2007

China funds still upbeat on stocks, sour on bonds

(Reuters) - Most of the funds polled late last week and on Monday said
the Shanghai Composite Index had entered a consolidation
phase, although it still had a chance to rebound above 4,000
points over the next three months.




They cited positive factors such as strong corporate earnings
growth, restructuring of listed companies' assets and a
strengthening Chinese currency.


Read more at Reuters.com Bonds News

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