Source: China – South China Morning PostThis year’s intense rally in Chinese stocks will not change course in spite of concerns about a revived trade war between the world’s two largest economies, according to Soochow Securities.
The foundation of this round of the global bull market is a weakening US dollar, said Chen Li, CEO and chief global economist at Soochow Securities (Hong Kong), on the sidelines of the firm’s third capital market strategy meeting in Hong Kong on Monday.
Chen’s assessment comes as Chinese stocks slumped on…Read More