China's stock market had a terrible 2018. This year could be a lot better - News Summed Up

China's stock market had a terrible 2018. This year could be a lot better


Hong Kong (CNN Business) China's beaten down stock market could be headed for a rebound. Analysts atforecast Chinese stocks could rise a further 18% this year after already gaining 5% in January. 'A very bad earnings season'A rebound in Chinese stocks is far from guaranteed, though. Chinese stocks "are hampered by a very bad earnings season," said Hao Hong, head of research at Hong Kong broker BOCOM International. "If you don't believe there's going to be a trade deal, you should probably sell equities today," Wood said.


Source: CNN February 01, 2019 11:03 UTC



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