Bleak outlook for A-share market

Market watchers believe Shanghai stocks will remain volatile in the coming months, discouraging IPOs and other capital-raisings in the mainland's largest market.

Equity markets in Hong Kong and the US have both caught China IPO fever helped by an expectation among cash-rich global investors that the country’s economy will continue to grow at a high rate. However, that enthusiasm is not at all felt in China's own markets.

¬ Haymarket Media Limited. All rights reserved.

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