News Snapshot:
China's ongoing recovery from COVID-19 and its strong growth potential has supported foreign market watchers' optimistic outlook on A-share market performance this year. In"10 Surprises of 2021" by investment firm Blackstone released at the beginning of the year, Vice-Chairman Byron Wien and Chief Investment Strategist Joe Zidle of Blackstone agreed that A shares will lead emerging markets higher this year. Steven Sun, head of research at HSBC Qianhai Securities Ltd, wrote in the organization's China Equity Strategy 2021 that the Shanghai Composite Index is likely to hover around 3800 points when the year ends while the Shenzhen Component Index should...
