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Analysts Who Called 2010 Bottom in China Stocks Now Say Buy

From bloomberg.com

China’s longest bear market since 2005 is ending as government efforts to bolster the economy spur a rally in stocks, say the strategists whose buy recommendations two years ago preceded a 34 percent gain in the Shanghai Composite Index. (SHCOMP) While the Communist Party cut its economic expansion target in March, Morgan Stanley Huaxin Securities and Guotai Junan Securities Co. say growth is rebounding from the slowest pace since 2009 as policy makers ease lending curbs. Value Investment Principals predicts stocks that benefit most from a buoyant economy will lead gains after they tumbled during the Shanghai ... (full story)

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