With China’s annual parliament meeting opening in Beijing this weekend, punch-drunk stock investors will be looking for clues to help navigate its notoriously policy-driven market.
They need all the help they can get. After a tumultuous 2015 that ended with the Shanghai Composite 9 per cent higher, the index has lost 19 per cent so far this year.
For investors the challenge will be to uncover fresh investment opportunities in a market that has undergone numerous rounds of enthusiasm and retrenchment in recent months, based on an array of real and imagined policy trends.
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