-- A high-profile gathering of China’s top leaders next week will be keenly watched for the winners and losers in the country’s stocks, which have struggled lately in bear-market territory.Microsoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End Bid
However, this meeting along with earnings progress should help catalyze an expansion in valuations, according to Yifan Hu, chief investment officer for Greater China and head of macroeconomics for Asia-Pacific at UBS Group AG.
Servyou Software Group Co., a firm that operates as a financial and taxation information service provider, has rallied in the leadup to the Third Plenum, as have related companies such as Pansoft Co. and Beijing Join-Cheer Software Co. Possible reforms to be unveiled at the Third Plenum include incentives to boost renewable energy usage, which might trigger more grid investments, according to Citigroup Inc. analysts. There might be new policies on market mechanisms for price setting, which may boost usage of solar and wind energy with minimal variable costs, they added.
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