Goldman Proclaims "It's Hunting Time" In China, Calls BottomMark Melin
As the Chinese government is reported to be investigating illegal stock trading linked to short selling of derivatives as the reason for its market slide, Goldman Sachs research today said the slide is “a correction, not a collapse,” indicating that recent selling activity might present a value opportunity.
Goldman on China points to a core measure of value, price earnings ratio
"China is undergoing a correction, not heading into a systemic/bear phase,” the Goldman team of Kinger Lau, Timothy Moe, Chenjie . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.