China: Citi Turns Bullish On High-Yielding A-Share Stocks

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As Chinese markets prepare for higher tariffs and hope for more government stimulus, Citigroup analysts have turned bullish on high-yielding mainland stocks. “Yield plays in the A-share market have become more attractive amid the government bond yield drop.” Citi analysts say the Chinese 10-year government bond yield can fall still further, given expectations that in the year ahead the PBOC will cut interest rates by 50 basis points and the required reserve ratio — the amount of cash banks need to keep on hand — by 100 basis points

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#ChineseMarkets #HighYieldStocks #CitiAnalysts #AShareMarket
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