China stock traders look for boost from Xi Jinping-led Communist Party meeting as UBS, JPMorgan pick sweet spots

Consumers to technology sectors could get a boost from Chinaࢀ™s new economic blueprint at plenum in Beijing this week Policy details could provide support local stock market, HSBC Qianhai says, where foreign inflows have topped US$100 billion since March Thereࢀ™s an upbeat mood about Chinese stocks amid fear of volatility before the US presidential election as traders focus on the Fifth Plenum at Jingxi Hotel in Beijing. No one can blame traders for being upbeat about Chinese stocks just as volatility is set to grip global financial markets in the final sprint leading up to the US presidential election. More…