An investor sits next to a stock quotation board at a brokerage office in Beijing. Photo: Reuters

Beijing’s move to direct household savings into equities funds will ensure a bull run in stocks this year, analysts predict

  • The financial watchdog published a guideline saying it will promote the conversion of household savings into long-term capital market funds
  • Even steering a small portion of China’s US$10 trillion of household savings into the funds would translate into a huge windfall for the stock market, analysts said
Topic |   Stocks
An investor sits next to a stock quotation board at a brokerage office in Beijing. Photo: Reuters
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