Nomura expects a “disconnect” between Chinese equities and the domestic economy in 2H18

27 July 2018 | 2 minutes read

Nomura Holdings expects a “disconnect” between Chinese equities and the domestic economy in the second half of 2018 when a downturn in the economy will coincide with a robust share market. Ting Lu, Nomura’s chief China economist, said at a media briefing earlier this week that the relatively strong economy in 1H18 was predominantly driven by the depreciation of the…

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