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Fidelity: China Stocks Remain ‘Top Call’
- 01 mins 53 secs
As forecasters slash growth estimates for China amidst weakness in the property sector, many investors have turned bearish on the world’s second-largest economy. But according to Fidelity International Director Catherine Yeung, they may be missing one of the most attractive buying opportunities in years. Speaking on Bloomberg Daybreak: Asia, Yeung made the case for Chinese equities, arguing that from a valuations perspective, the bad news appears to have already been priced in.
Channel:
Markets
People:
Catherine Yeung
Companies: Fidelity Investments
Topics: Markets, Markets Minute, Equity, China,
Companies: Fidelity Investments
Topics: Markets, Markets Minute, Equity, China,
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