Fund managers run away from China stocks even with 75% discount

March 15, 2022 8:52 AM

LONDON (BLOOMBERG) – Fund managers are leery of buying Chinese stocks as the country’s close ties to Russia, extreme Covid-19 curbs and lack of clarity on the end of regulatory crackdowns overwhelm the dip buying opportunity presented by the 75 per cent plunge from their peak.

Source : https://www.straitstimes.com/business/companies-markets/fund-managers-run-away-from-china-stocks-even-with-75-discount