There may be a lot of caution with investing in Chinese stocks — but asset manager Jason Hsu sees opportunities to play the market. “Chinese stocks are trading at the cheapest they’ve ever been. They offer such a big discount and are certainly good investments within a portfolio. There is a risk with China — with how the economy will take form — but with stocks being so cheap, it is a risk worth taking,” Hsu, who is the chairman and chief investment officer of Rayliant Global Advisors, told CNBC Pro on March 13. “I’m of the view that if you wait around for the uncertainty to be over – the opportunities will be gone. Everyone is sure that China is going to be back in the race. So, the fact that there is a lot of negative sentiment now means you’re getting a big discount for holding on for future growth in China,” he added. The Chinese economy and stock market have been dogged by declining foreign investments and a prolonged…
Asset manager names 2 stocks to play the Chinese market
Date:
More like thisRelated
Tampa RV giant Lazydays to delist from Nasdaq
Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...
Granite Geek: New Hampshire might get access to ‘balcony solar’
I had solar panels put on my roof six...
TSX Today: What to Watch for in Stocks on Monday, November 10
Despite firm gold and silver prices, Canadian stocks...
While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!
As market-wide fear grips the sector, the Binance Coin...