Trademagazin > News and articles > Market News > Fidelity: We are waiting for the Chinese markets in the year of the ox
Fidelity: We are waiting for the Chinese markets in the year of the ox
Investors who are curious to see if China’s ox market will continue to thrive in the lunar calendar ox year will focus primarily on the sustainability of the economic recovery and the pace of possible monetary austerity, according to Fidelity analysts.
China’s modern stock exchanges can only look back on a three-decade history for the time being, but the year of the ox has so far brought investors market-worthy results. The last ox year on the lunar calendar – 2009-2010 – brought a 51 percent explosive rise in the benchmark Shanghai Composite Index. A cycle earlier, in 1997-1998, we witnessed a 27 percent rally.
Related news
A new e-commerce railway line has come to work – we are expecting 1,000 trains from China
The new trading platform will facilitate unhindered trade between countries,…
Read more >Fidelity: Lower optimism in Eastern Europe
Given that the Covid-19 pandemic has affected different regions to…
Read more >Spar Shandong carries on with Chinese expansion
Spar Shandong had opened two new stores in China, a hypermarket and a…
Read more >
More related news >
Related news
Future Talks with Szilvia Krizsó – Trade magazin’s Business Podcast starts now!
Have you ever thought about using a time machine to…
Read more >KSH: retail sales decreased by 5.9 percent in February
According to raw data, retail sales fell by 5.6 percent…
Read more >KSH: consumer prices rose by 3.7 percent in March
In March, consumer prices were on average 3.7 percent higher…
Read more >