China’s car, internet and property sectors to rebound in second half on back of regulatory easing, stimulus measures, Credit Suisse says


Source: scmp.com scmp.com

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China’s car , internet and property sectors are predicted to rebound in the second half of this year, as Beijing eases up on its regulatory crackdowns and new stimulus measures start to revive the nation’s flagging economy. The mainland’s car industry is going to benefit from government stimulus measures that support people buying their own cars, while the internet sector will get a boost from the end of a long regulatory storm , according Edmond Huang, head of Hong Kong and China research at Credit Suisse. “We expect a diverging outlook for sectors in the second half of the year...