Credit Suisse: China stock market bubbles have the ability to withstand greater.

<P>: Http:// hearing, the recent Chinese stock markets hit record highs, causing concerns about the stock market bubble burst problem. .However, the international investment bank Credit Suisse report released today said liquidity in the Chinese mainland, the Chinese stock market bubble have the ability to withstand greater. .</ P> <P> Vincent Chan, managing director of Credit Suisse in the report that the Chinese government has repeatedly raised interest rates, the market is still reaching new heights, and the bubble, reflecting the overhang of excess liquidity is currently the mainland, coupled with available investment .not much to choose stock will continue to attract capital into the stock market, it is estimated the mainland A share price will continue to exceed the Hong Kong-listed Chinese companies (H shares) share price. .</ P> <P> Vincent Chan pointed out that with China's rapid economic growth, stimulate local consumption continued to increase, the current consumer market in the mainland of the world consumption of about 5.4%, ranked sixth in the world. .</ P> <P> He estimated that by 2020, increasing the proportion of Chinese consumption accounted for more than two into the world, ranking rose to second place, behind only the U.S. market. .</ P> <P> However, Vincent Chan believes that consumer company in China mainly due to price cuts to gain market share, even if the local residents to increased spending on corporate earnings growth to help is limited. .</ P>.