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Under the Banyan Tree – What we learnt at the HSBC China Conference

HSBC Global Viewpoint

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The Disappointment of Investors and Analysts About the Recovery

Many speakers made the argument that some of the policy measures are yet to gain traction. The other thing, which I thought was interesting, is that many experts are now looking towards the third party plan in the fall. That might be sort of a key turning point in terms of seeing what exactly is the underlying reform prospect. So, it's a bit of a wait-and-see attitude from investors at the moment.

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