Stocks may get tactical bounce but it’s not yet time for a cyclical upgrade, BCA Research says. Photo: Xinhua
Stocks may get tactical bounce but it’s not yet time for a cyclical upgrade, BCA Research says. Photo: Xinhua
Tencent

China stock rout not just about tech crackdown as earnings model shows 70 per cent odds of sharp contraction

  • Earnings model shows 70 per cent chance of a significant contraction in the coming 12 months: BCA Research
  • Stocks may see a tactical bounce in the next two to three months on policy stimulus bets, but a legitimate improvement in fundamentals is needed for an upgrade call

Topic |   Tencent
Stocks may get tactical bounce but it’s not yet time for a cyclical upgrade, BCA Research says. Photo: Xinhua
Stocks may get tactical bounce but it’s not yet time for a cyclical upgrade, BCA Research says. Photo: Xinhua
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