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Analysts from Huatai Securities pointed that liquidity condition of listed companies has improved in the first quarter, with nonfinancial companies' cash flow generated from business operations having begun to cover the cash flow needed by investments.
Analysts said that as the effect of the country’s financial tightening since last year is gradually unfolding, the economy will face some downward growth pressure in the coming two to three quarters.
An undated handout made available by the Livingston Parish Sheriff's Office of Dakota Theriot, in Louisiana, US, issued January 26, 2019. [Photo/IC]
Angelo Giuliano, a Swiss financial consultant who has lived in Hong Kong for three years, echoed Janssen's sentiments, saying that Washington's sanctions against Hong Kong are a big mistake, as the trade balance between the two places has always favored the US.
Analysts said the Fed's hike of 25 basis points — a quarter of percentage point — was in alignment with market expectations, and the mild increase leaves little room for a significant market response.
来源：资阳报