Uncertainty is rising for the giant emerging market class of Chinese stocks.
Morgan Stanley has decided to take a break, downgrading MSCI China to equal weight while recommending a few consumer and industrial names. That contrasts with a growing number of calls to buy the dip . "Lack of quick follow-through of actionable easing measures could lead to a retreat from the early recovery in sentiment," Morgan Stanley equity strategists Laura Wang and Fran Chen said in an Aug. 2 note. Chinese stocks have rallied modestly over the last two weeks.
line YTD performance for the WisdomTree Trust China ex State Owned Enterprises ETF For WisdomTree's clients investing in China, many are "making a long-term contrarian trade, in the sense [that] in the longer term China is still going to be quite formidable in terms of broad technological progress," Ren said. "Many of the clients still believe China can grow above 4% in the next decade." Second-quarter gross domestic product missed expectations but still posted 6.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Ted Pick, the Wall Street trader likely to be Morgan Stanley's next CEOMeet Ted Pick, the hard-charging 'deal junkie' who looks poised to succeed James Gorman as CEO of Morgan Stanley
Les mer »
'The Office' star Leslie David Baker will return Kickstarter money to fans who tried to get his spinoff to air | CNNLeslie David Baker, who played Stanley Hudson on “The Office,” is returning Kickstarter money to supporters who tried to get his “Stanley” spinoff up and running.
Les mer »
This Stanley Kubrick Movie Holds A Record Hollywood Never Wants To BeatStanley Kubrick has inarguably made massive contributions to cinema. Eyes Wide Shut, in particular, set one of the craziest records in film history.
Les mer »
Jelly Roll Tops Country Airplay Chart: ‘’Need a Favor’ Has Absolutely Changed My Life’He ends a three-month lock on the top spot by Luke Combs and Morgan Wallen.
Les mer »
2 dead, 1 hospitalized after triple shooting in Adams MorganThe shooting occurred in the busy neighborhood early Saturday amid a surge in violence in the District this summer.
Les mer »
Kyle Richards, daughter Farrah support Morgan Wade’s Lollapalooza gig amid romance rumorsThe “Real Housewives of Beverly Hills” star jetted off to Chicago with her eldest daughter where she was seen supporting the country singer backstage at Lollapalooza.
Les mer »