China's equity markets will keep rising after business in the mainland resumes following the Golden Week break, analysts predicted.
But it faces the risk of"an ugly reversal in sentiment into 2025," Qazi said, if markets get disappointed with the impact of the stimulus measures, which in my view are not enough to address China's structural economic problems. More individual investors have been incentivized to join trading,"in fear of missing a seemingly once in a lifetime rally", Ting Lu, Nomura's chief China economist said in a report on Thursday.Also boosting the sentiment is soaring hopes that Beijing will unleash more fiscal policies and other support measures to shore up its economy.
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