Of 10 brokers surveyed in the article below, only 2 are bullish and 1 is very bearish. New Times Securities analyst Liu Guanghuan has sees a potential range of 3100 to 3600 next week.
The article summarizes the broker reports. Most are looking for a test of support in the 3300 range. The post-peak intraday low on July 9 was at 3373; on Friday the Shanghai Composite closed at the July 8 closing low of 3507.
iFeng: 十大券商看后市仅两家看多 一家看至3100
Techs Slump, Utility Bounce
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FEEDIt’s quite clear that the heady, new-highs-every-day insanity ended on
March 28th. Since then, in stages, things have begun falling to pieces.
Here, fo...
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