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.

To contact the editor responsible for this story: Bloomberg News at jliu42@bloomberg.net


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