BusinessWorld

Liquidity In China Will Flow To Equities As Beijing Curbs Real Estate Speculation.

“We think the liquidity will likely go to the equity market,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management.
Although real estate has been the favored investment choice of the general public, the Chinese government is now cracking down on it to prevent speculation, said Zhang. In July, the city of Shenzhen announced fresh restrictions on home purchases to curb sharp price rises and stamp out speculation.