Bloomberg News

China Stocks May Rebound in Fourth Quarter on Earnings, UBS Says

October 23, 2012

China’s stocks may rebound in the fourth quarter as the slowdown in earnings growth halts and liquidity supports valuations, according to Chen Li, head of China equity research at UBS AG.

Fourth-quarter earnings for non-financial companies may grow 9.9 percent, compared with an 11 percent drop in the third quarter, Chen said in a note before the start of a briefing in Shanghai.

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