Bloomberg News

Goldman Analyst Says China Bank Shares to Hit Bottom as M1 Slows

October 28, 2011

Oct. 28 (Bloomberg) -- Chinese bank shares will bottom out when M1 money supply growth bottoms out, Goldman Sachs Group Inc. analyst Ning Ma said at a briefing in Beijing today.

Property is the biggest risk for the Chinese economy as most financial crises are caused by property, he said today.

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