China stocks are braced to break out this quarter as policymakers are poised to loosen policies amid property and power woes

China’s stocks may break out from their sideways ambling of the previous quarter to advance in the final three months of 2021, as policymakers are likely to loosen monetary policies to mitigate any economic fallout from the nation’s power shortage and slumping home sales.The availability of bank credit may increase to attract homebuyers back to the property market, giving a much-needed lift to one of the most important sectors of China’s economy, said Haitong Securities. The People’s Bank of…

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