Investors buy into soccer reform plans
By Xie Yu | China Daily | Updated: 2015-05-06 07:52
Investors are buying shares associated with soccer as the country's leadership unveils plans to revitalize the game and reform the way it is run.
However, analysts say few of the target companies are in fact closely linked to soccer, and some of the shares have been overbought.
The news that Vice-Premier Liu Yandong will lead a panel responsible for the soccer reforms sparked the latest buying frenzy last week.
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