Up or down? Prospects for China’s stocks are split in the second half as analysts dither over policies, inflation and yuan

The outlook for China’s equities are uncertain in the second half, as securities analysts and strategists are divided on how stock prices will be affected by a range of factors from macroeconomic policies to the pace of inflation and the value of the yuan against major currencies.Citic Securities, the largest Chinese brokerage and owner of the CLSA Asia franchise, is the most bullish among those that have published reports of the second-half strategic outlook, predicting that China’s stocks…


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