Shanghai's consumer Shanghai's consumer confidence rises moderately in Q2 but investor confidence retreats
Shanghai'sconsumerconfidencerosemoderatelyinthesecondquarterbutitsinvestorconfidence,althoughstilloptimistic,retreated,asurveyshowedtoday.TheIndexofConsumerConfidenceinShanghai,aquarterlygaugecompiledbyShanghaiUniversityofFinanceandEconomics,gained2.4pointsfromthefirstthreemonthsto120.5pointsintheApril-Junequarter,up2.9pointsfromthelevelinthesameperiodlastyear.Areadingabove100pointsindicatesoptimism.ConsumerconfidenceinShanghai'seconomywasattributedtoitssteadyeconomicgrowthaswellastheoptimistico
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