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16-02-2016, 10:32 AM
Mr. Mobius view on HK-listed China stocks. For those not familiar with the market, ETFs seems a good choice...
Mobius says China's irrational stock market is creating bargains
16 Feb 2016 00:27
[HONG KONG] When Mark Mobius looks at the wreckage of Chinese stocks traded in Hong Kong, he sees bargains.
The Hang Seng China Enterprises Index plunged 49 per cent from its May high through last week, sending valuations to record lows, as concern over China's economic slowdown and heavy-handed state intervention in mainland financial markets spurred outflows.
"The Chinese market has been reacting irrationally and rather violently, possibly due to heightened speculation derived from the government's actions to influence the market," said Mobius, the Franklin Resources Inc money manager who's been investing in emerging markets for more than four decades.
...
BLOOMBERG
Source: Business Times Breaking News
Mobius says China's irrational stock market is creating bargains
16 Feb 2016 00:27
[HONG KONG] When Mark Mobius looks at the wreckage of Chinese stocks traded in Hong Kong, he sees bargains.
The Hang Seng China Enterprises Index plunged 49 per cent from its May high through last week, sending valuations to record lows, as concern over China's economic slowdown and heavy-handed state intervention in mainland financial markets spurred outflows.
"The Chinese market has been reacting irrationally and rather violently, possibly due to heightened speculation derived from the government's actions to influence the market," said Mobius, the Franklin Resources Inc money manager who's been investing in emerging markets for more than four decades.
...
BLOOMBERG
Source: Business Times Breaking News
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