The stipulation indicates the regulator may resume initial public offerings in Shanghai in the first quarter of next year, probably sometime in February after the Spring Festival.
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This quote is just one of 6 total Liu Yu quotes in our collection. Liu Yu is known for saying 'The stipulation indicates the regulator may resume initial public offerings in Shanghai in the first quarter of next year, probably sometime in February after the Spring Festival.' as well as some of the following quotes.
Rosy earnings results spurred the market. But as firms with poor profit figures often unveil their results in late April, the index likely will face downward pressure.
The broad market has a good long-term prospect as there is an abundant supply of funds and on China's booming economic growth. But I expect the index may still move in a narrow range now as institutional investors unload some of their positions and buy others.
It's natural to see a drop after a long-time rally. The index may further decline in the week as investors trim positions but will probably gain support at the 1,330 level.
The market was still gathering momentum on heavy technical buying after a four-year slump. But you will probably see a correction soon as the 1,400 is a tough barrier.
This quote is just one of 6 total Liu Yu quotes in our collection. Liu Yu is known for saying 'The stipulation indicates the regulator may resume initial public offerings in Shanghai in the first quarter of next year, probably sometime in February after the Spring Festival.' as well as some of the following quotes.