Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Chinese stocks: Best opening in years with 80% rally
Views 1M Contents 334

Mark Mobius and China

Saw an article that said Mark Mobius is laying claims that he has difficulty to withdraw his capital from China. As we are all aware, China's capital account is not entirely free and it is not unexpected to see this.

To ask him to provide documents to support how he has and wants to withdraw big sums of capital is entirely fair. Nevertheless, it may signal another attempt or be another attempt for bears of Chinese tech to leverage on. Recent week of Chinese tech recovery met with such claims is definitely not a surprise as bears and bulls fight.

Can we also find out if Mark Mobius has a bull or bear position on Chinese tech? That will be extremely helpful for us to assess the current statement. I have no way to assess the right or wrong but have to remain impartial in my assessment.

Let's see how the market responds tomorrow.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
3
1
+0
1
Translate
Report
21K Views
Comment
Sign in to post a comment
  • HopelessChi : with the clampdown mindset in chinese equity which can happen anything, is not safe to invest in chinese equity, taking a look back 5 years, chinese return is negative whilst US is positive 60%. those invested in 2020 have a careful mindset to exit HK listed chinese markets.

1259Followers
8Following
8748Visitors
Follow