Earnings of Chinese brokerages fell last year as businesses shrank in a declining market. Photo: AP

China bulls may return if rally of brokerage stocks is any indication

  • Chinese brokerages are among the best-performing sector in 2019, with a gauge tracking securities firms rising 37 per cent since October
  • Expectations about loosening market scrutiny and the tech board, coupled with beaten-down valuation, spur a rally
Topic |   China stock market

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Earnings of Chinese brokerages fell last year as businesses shrank in a declining market. Photo: AP
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