Now's the right time for investors to buy Chinese stocks
New York (CNN Business)Coronavirus jitters have paralyzed investors around the world. Chinese stocks might actually be close to bottoming out even as the disease spreads to other countries, sparking global pandemic and market correction fears.
Some investors are betting on a big comeback for Chinese companies -- despite worries about the Chinese economy being in paralysis due to the coronavirus.
"The coronavirus will wind up being the bottom for China. I realize this sounds like it's coming out of left field. But this outbreak could be occurring at the end of the Chinese bear market," said Mark Galasiewski, chief strategist of the Asia-Pacific region for Elliott Wave International.
The Shanghai Composite and Hong Kong's Hang Seng Index are both down this year and might be due for a comeback, especially since valuations for Chinese stocks are not as high as they are for US companies in the S&P 500.
"It's hard to make the case that an investor should dive further into parts of the global stock market that are overextended. Over the next five to 10 years, China and other emerging markets look more attractive than developed markets," said Michael Sheldon, chief investment officer at RDM Financial Group at Hightower.
https://www.cnn.com/2020/02/26/i ... onavirus/index.html
评论
美国资本家要分享中国撅起的节奏
没操守的资本家啊
评论
来来来 都开 完了国家队来一波大撤退搞死他们
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美国增加流动性..效果一样的啊...
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