China A-shares face tough 2011-12: GF CEO Li

Despite continuing high levels of economic growth over the next few years, the Chinese A-share market will suffer in the next year or so, warns Li Jianyong, CEO at mainland China broker GF Securities and director at Guangzhou-based fund house E Fund. Speaking at AsianInvestor’s 5th annual Taiwan Institutional Investor Forum in Taipei this week, Li says China’s still-loose macroeconomic policy combined with controls designed to combat inflation and a real-estate bubble will hurt eq…