"I think this market, it needs to ... basically take a little bit of patience to develop," Eugene Qian, president of UBS Securities, told CNBC's "Squawk Box" on Monday.
It's easier for firms to go public in the new STAR Market tech board, compared to listing on the Shanghai A-share market, as companies need to go through a registration instead of waiting for regulatory approval which could take longer. J.P. Morgan's Chief China Economist and Head of China Equity Strategy, Haibin Zhu, urged investors to "focus on individual companies."
UBS Securities' Qian said foreign investors are likely to watch "with a lot of interest" but will likely "wait a little bit out."
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Most companies surge on first day of trade on China's STAR MarketChina's new Nasdaq-style board for homegrown technology firms started tradi... No bar in the A Ripple Lol. Which one is it you clowns? America is asleep at the wheel...
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
Stocks Surge on China’s New Nasdaq-Like MarketChina’s new market for homegrown technology companies opened with a bang, with stocks doubling, tripling or more than quadrupling in value on its first day. They must have low R&D costs with all that stolen technology they use If no IP protection, market of the damned. DOOMED! On arrête pas le progrès. Merci. C'est noté.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
Stocks Surge on China’s New Nasdaq-Like MarketChina’s new market for homegrown technology companies opened with a bang, with stocks doubling, tripling or more than quadrupling in value on its first day. They must have low R&D costs with all that stolen technology they use If no IP protection, market of the damned. DOOMED! On arrête pas le progrès. Merci. C'est noté.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
China kicks off new Shanghai tech board as it tests new ways to improve volatile stock marketIn its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or 'STAR Market,' on which 25 companies were listed.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Analysts love these 5 stocks ahead of their earnings reportsCNBC combed through Wall Street research to see which stocks analysts like into earnings season.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »