China Securities Journal (via MNI):
- Says the Chinese stock market “is at a historical turning point and that China needs a strong bull market”
- Says a weak stock market doesn’t fit China’s position as the world’s second largest economy and a bull market will create wealth and provide funds for companies
- Says the current market is backed by confidence, not speculation
- Calls for investors to abandon their bad habits of making quick profits to let this bull run be more healthy and last longer
The China Securities Journal is sponsored by the government’s official Xinhua News Agency.
Strong commentary. Really pumping it.
I’ve posted this before, but … well, posting it again …