Post-plenum trading may see stocks rising
By Wu Yiyao In Shanghai | China Daily | Updated: 2015-11-02 08:35
Investors, especially smaller ones, can be confident of being able to trade in a better environment
The Five-Year Plan (2016-20) mapped out at the Fifth Plenum of the Central Committee of the Communist Party of China that ended on Thursday decided on the key sectors to be developed. This is likely to help China's stock markets to open higher this week, and encourage bullish investors to cash in on shares of companies from such sectors.
Analysts said that the China Securities Regulatory Commission's requirement that off-market margin trading be phased out is scheduled to be met by the end of October. This will also help boost investor confidence this month.
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