The financial district in Shanghai. Photo: AFP
The financial district in Shanghai. Photo: AFP

HSBC, CICC among major financial firms calling bottom on China stocks after Beijing moves to soothe investors

  • ‘Given the policy bottom is in place, the market bottom is in sight’
  • Exodus of overseas funds might be over after foreign investors sold US$8 billion of Chinese yuan-traded stocks this month, CICC says

The financial district in Shanghai. Photo: AFP
The financial district in Shanghai. Photo: AFP
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