BROKER CALL – China stock market strength to continue in 2007 – Citigroup

Investor enthusiasm towards China's stock market is likely to continue into next year, with banks and telecommunication companies favored amid tax and industry reform, Citigroup said.

This article appears courtesy of ISI Emerging Markets 

Publication: XFN Daily News

Provider: Xinhua Financial Network

Date: December 5, 2006

Further appreciation of the yuan, a potential re-acceleration of investment in the first quarter and the likely listing of more leading companies on the domestic A-share market, will also fuel investor interest, Citigroup said in a note.

“The strong performance of the China market in particular for large market-cap stocks, illustrates the global investment community’s major appetite for Chinese equities,” Citigroup said.

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