A further gain on stocks might be limited, as the Shanghai Composite might meet resistance at 3,500, which is within 4 per cent of its Monday close, says an investment banker at Bocom International. Photo: EPA-EFE A further gain on stocks might be limited, as the Shanghai Composite might meet resistance at 3,500, which is within 4 per cent of its Monday close, says an investment banker at Bocom International. Photo: EPA-EFE
A further gain on stocks might be limited, as the Shanghai Composite might meet resistance at 3,500, which is within 4 per cent of its Monday close, says an investment banker at Bocom International. Photo: EPA-EFE
Stocks
Business /  Markets

Will China stocks outperform gold, which has risen 33 per cent this year?

  • Chinese stocks might beat gold, as economic and profit growth picks up on mainland, Haitong Securities says
  • Mainland stocks will be held back by heightened US-China tensions, technical resistance: Bocom International

Topic |   Stocks
Zhang Shidong
Zhang Shidong in Shanghai

Updated: 11:07pm, 10 Aug, 2020

Why you can trust SCMP
A further gain on stocks might be limited, as the Shanghai Composite might meet resistance at 3,500, which is within 4 per cent of its Monday close, says an investment banker at Bocom International. Photo: EPA-EFE A further gain on stocks might be limited, as the Shanghai Composite might meet resistance at 3,500, which is within 4 per cent of its Monday close, says an investment banker at Bocom International. Photo: EPA-EFE
A further gain on stocks might be limited, as the Shanghai Composite might meet resistance at 3,500, which is within 4 per cent of its Monday close, says an investment banker at Bocom International. Photo: EPA-EFE
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