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"China's economy will brace for a painful blow, much worse that what it suffered during SARS," said Wang Tao, chief economist at UBS Investment Bank, in a teleconference on Tuesday.
"Coupled with strong fighting power, effective capital, and differences that are gradually dissolving, Chinese startups that go global will have great potential. They will also offer high returns (to investors) in the future."
"Customers want smart cars for a smart world, and Chinese customers are quick to embrace new technologies and electric cars are going to be a preferred choice," the executive chairman said.
"Chinese mainland A shares on Monday have a chance to reflect the central bank's targeted reserve requirement rate cut during the holiday," said Hong Hao, chief strategist at BOCOM International Ltd.
"China's fiscal package is modest compared to global peers," said Zhu Haibin, JPMorgan chief China economist. "The important difference is the composition of the fiscal package. China's fiscal package includes a higher share of stimulus component-fiscal support for investment activity that creates new jobs."
