Since Oct 2007, China Composite is sliding down like no support. Lately, China government has initiated some stimulus steps for boosting the economy and capital market. A total of RMB 200 billion to RMB 400 billion will be allocated for the concern. This may translate to, China Composite is ready to recover in near term, could be after Beijing Olympics.
As our previous post mentioned, Vietnam Benchmark Index, VN Index is now on recovery track. If China Composite is going to have a resilient rebound after Olympics, the good sentiment is likely to help regional bourses, inclusive Bursa Malaysia, to recover.
As our previous post mentioned, Vietnam Benchmark Index, VN Index is now on recovery track. If China Composite is going to have a resilient rebound after Olympics, the good sentiment is likely to help regional bourses, inclusive Bursa Malaysia, to recover.
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