Analysts give China the thumbs up

Analysts from JP Morgan believe companies most likely to lead the recovery will be those that benefit from fixed-asset investment. In particular, the analyst team likes the look of Changsha Zoomlion Heavy Industry Science & Technology Development, Weichai Power, China National Building Material,  and Anhui Conch Cement. The same team  predicts the economy may grow more than 8.5% in the third quarter, from 7.8% in the previous three months. “The China market might have reached the maximum stress point. China’s sequential economic growth appears to have troughed in the second quarter.” ...