During the first three quarters in 2013, against the backdrop of overseas economic recovery, slowing pace of China's economic growth and stringent monetary policy with balance during the process of the economic transition, China's A share market slumped with great fluctuation and showed great structural differentiation. The stock prices of listed companies in emerging industries rose at a higher rate than the stock prices of companies in traditional industries. The bond market experienced great adjustment. Looking forward to 2014, we expect that the possibility for A share stock market to rise continuously is slim and it will show great fluctuations with structural investment opportunities, we suggest that investors pay attention to those companies with good growth prospects in those industries that will benefit from economic structure transition and economic reform.
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