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China: Stocks may hit bottom in April


25450 cyber 4/2 2010 05:30
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The benchmark Shanghai Composite Index has dropped 10 percent this year on concerns over policy tightening.

JPMorgan says further falls are likely; cuts its MSCI China Index forecast.

Chinese stocks may fall further before reaching a "bottom" in April or May as money supply growth slows and policy risks increase, JPMorgan Chase &Co said.

http://en.china.cn/article/d724361,c7253d,d2839_13978.html



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