China likely to support A-share market

Aug 18, 2009

JP Morgan's Jing Ulrich believes that Chinese authorities will be prepared to put a floor under stock prices in the event of another correction.

The sharp fall in the Chinese stock market in recent days is mainly due to worries about the potential for imminent policy tightening in the mainland, according to Jing Ulrich, Hong Kong-based managing director and chairman of China equities and commodities at JP Morgan.

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