Market review:
China stocks rose with SHA rallied about 0.58 % . Investors believed global central banks can contain the shock from the Brexit vote and the liquidity injection could support price of risky assets.
Research Notes:
money flowed into electronics , mining and international trade sectors the most.Youzhu Network(002174.sz) nic game developer, rallied to limit up , as a share holders increase holdings plan released.
As the global coordinated easing, or its expectation, played as a major factor unread of Brexit , we call for an moderate rally of SHA toward 2950 and biased to upper side. Investors can Increase exposure of these cyclical assets to take advantage of this "mini QE", and as summer it's also time of agriculture speculation , for those investors like to stay conservative , sectors , such as agriculture and food & beverage , could be a safer bet.
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