Chinese stocks have staged a remarkable comeback in the final weeks of the year, gaining more than 11 percent in December after languishing in negative territory for most of 2012, prompting analysts to say 2013 may finally be the year Chinese stocks break out of the doldrums.
Shanghai Composite Index (Shanghai Stock Exchange: .SSEC-SZ) hit a
five-month high earlier this week on Christmas day and was trading 0.4
percent higher on Friday as investors bet that the worst is over for
According to Jack Bouroudjian, CEO of fund
manager Bull and Bear Partners, money is waiting to return to the
Chinese stock market now that the dust has settled on the
once-in-a-decade leadership transition in November. .........for full story, click here.