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Market review: January 11, 2016

Fang submitted 2016-01-11 15:31:05

Market review:

A-share market turn out into correction.

Research Notes:

1.US Employees on Non-farm Payrolls show a much sharper-than-expected rise.

2.China FX Reserves decline 107.9 billion dollar according to the data of Dec.

3.The CPI rose 1.6% in Dec from a year earlier. The PPI fell 5.9% for the 5th straight month.

4.RMB pressure etc Sentiment issue.

Play conservative, adopt the wait and see strategy.

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