Bourses look for lift from World Cup

Capital market analysts expressed confidence on Monday that the A-share stock market would post a robust performance this month, thanks to the spin-off benefit of the World Cup soccer tournament on some sectors and the fast-recovering macro economy.

"The World Cup will help bolster investor sentiment and boost sales of products like lotteries and snacks. It will boost the share prices of these companies," said Tony Wu, an analyst with a Shanghai-based private equity fund.

Southeast China's Xiamen based Anne Corp, which recently won an online sales license for a welfare lottery before the tournament, said its share prices have risen by over 24 percent since early May, while Yanjing Beer, the Beijing-based brewer, posted an 8 percent growth in share prices during the same period.