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Analysts believed that a second listing in Hong Kong would create another large market for Alibaba's shares, potentially boosting its valuation.
Analysts from Essence Securities said in a note that the A-share market is approaching the tipping point at which it transitions from a bear market to a bull market. Although the price earnings ratio has been up from that registered at the end of last year, most of the industries are still undervalued. Therefore, there is still room for further pickup of A shares in the long term.
Analysts expect the bank to further ease policy to help cope with slowing growth and offset the effects of a crackdown on shadow banking. However, while non-bank shadow institutions are being squeezed for money, the Beige Book reports that companies are still borrowing heavily, and interest rates have fallen, which should lower repayment costs.
And in a Reuters story published Tuesday evening, US President Donald Trump said he would intervene with the US Justice Department in the case against Meng if it would help secure a trade deal with Beijing.
Anar Baghirov, chairman of the Azerbaijani Bar Association, said he hoped the mutual partnership and relationship between Azerbaijani and Chinese bar associations will continue and grow stronger.
来源：资阳报