Foreign capital: The Chinese stock market is far from reaching bubble levels.
On September 3, the morning market was volatile and divergent, with the Shanghai stock index leading the decline. The latest view of Credit Suisse believes that despite the recent strong rise, the A-share market is still far from a bubble state. Current gains are in line with historical levels, valuations are reasonable, liquidity indicators show increased market activity, but not overheated. It is expected that there is still room for upward movement in the future. "Recently we have been asked many times whether the A-share market has entered a bubble after experiencing a strong rebound for several weeks. After analyzing multiple market indicators, we believe that the Chinese stock market is far from reaching bubble levels and still has room for growth," said Credit Suisse China strategist Deng Qizhi.
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