Shenzhen bounces back.

(From The Standard)

Byline: Wu Zhong

Shenzhen's equities market, awakened by a signal from Beijing that it intends to revive the bourse after three years of lacklustre activity, is continuing to attract fresh money, boosting expectations that it will outperform Shanghai this year. That would have been unheard of little more than a month ago. But the market has been given new impetus with signs that share issuances will resume this year, a signal from Beijing that the market is no longer suffering from the desuetude into which it had been cast by former prime minister Zhu Rongji, who wanted to fold it into the Shanghai market. Accordingly, market analysts say …