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Market review: January 06, 2016

Fang submitted 2016-01-06 15:31:05

Market review:

SHA rebounded from oversold status.

Research Notes:

1.Raw material sector outperformed other themes for Premier visiting Shanxi province.

2.Also some value hunting in oversold stocks for funds avoiding overvalued ones due to the IPO reform.

Spring Festival rally could on the way, I felt, should come after more bad PMI data.

Quite volatile in short term, better play conservative and lower exposure, avoid stocks overvalued.

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