What is the current sentiment among investors in the A-share market
The current trading volume is still very thin and investors are waiting for more conviction and definitive signals from Europe, a lot of which would not be expected to be positive. The signals from China will have a certain impact, but market sentiment will also be partly affected by news from Europe.
People would say the markets now are offering very cheap valuations and in some cases valuations have come down 50% from their peak levels. But as an...