Breaking News

Confidence in Chinese Stocks
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Chinese stocks listed in Hong Kong are tracked by The Hang Seng China Enterprises Index. Bloomberg News reported that it rose 0.2 percent yesterday to 10,098.28, reducing its decline this year to 6.6 percent.

A director of market strategy at Newedge Group SA in New York, Robbert Van Batenburg, reported by phone that according to Bloomberg News, “Foreign investors are still skittish about what’s going on there in China.†He said that “There’s uncertainty about bond defaults. That causes people to keep their powder dry.â€

  
What
Where


The chairman of the Marketfield Asset Management, LLC, Michael Shaoul, whose firm oversees more than $20 billion, said in an e-mail that “The danger remains that the authorities will sacrifice corporate profitability in the state-owned sector to the greater good of economic stability.â€

Chris Palmer, a portfolio manager at Henderson Global Investors Ltd., who oversees about $2.5 billion in assets, said by telephone from London that “There are still opportunities to make money in China,†but according to Bloomberg News, “Investors are more selective.â€

“Markets are waiting for a catalyst to take them higher or lower, as things are once again quiet overseas, earnings season has not started yet and valuations are not too low or too high,†Brad Sorensen, director of market and sector research at the Schwab Center for Financial Research reported according to a report by Market Watch.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Looking for a stock market jobs? Click here.

Image Credit: www.bloomberg.com





 

RELEVANT JOBS

Litigation Employment Attorney (Remote) in Burbank, CA.

USA-CA-Burbank

     We are a small and highly respected Burbank based REMOTE employment litigation d...

Apply now

Litigation Attorney

USA-CA-Torrance

​Position: Associate Attorney Firm: The Legacy Lawyers, P.C. Culture: "America First Pat...

Apply now

Litigation Attorney

USA-CA-Irvine

​Position: Associate Attorney Firm: The Legacy Lawyers, P.C. Culture: "America First Pat...

Apply now

Associate Attorney - Defense Litigation Experience

USA-TX-Dallas

Galloway\'s Dallas office is seeking an Associate Attorneys with 1 - 2 years of experience...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top