Goldman: Government-directed traders bought up billions in Chinese stocks last quarter

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Overall, the so-called Chinese national team holds 1.5 trillion yuan worth of A shares, or about 2.9 percent of the listed market capitalization, according to a report from Goldman Sachs' Chief China Equity Strategist Kinger Lau.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Even the US has a plunge protection team rigging markets. Same shit everywhere. Matrix everywhere

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GOLDMAN SACHS: These 12 stocks are perfect for traders seeking big gains at bargain pricesBI PRIME: Goldman Sachs has formulated a way to identify stocks that are both inexpensive and also investing in future growth opportunities. To that end, the firm identified 12 companies it expects to outperform for value investors going forward. BIPrime goldman sachs also will thank you for your donations BIPrime i LOVE a good bargain~!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Chinese stocks are getting slammed, and trader says the worst is yet to comeThere's even more pain ahead for the Chinese market, according to one trader. You're welcome! Money are flowing back! Why do the Chinese traders look like degenerate gamblers? Not virtue signaling. Real question.
Source: CNBC - 🏆 12. / 72 Read more »

Traders betting against FAANG stocks have made $5.5 billion during the brutal October sell-offInvestors betting against FAANG stocks have made billions of dollars as tech stock valuations have plunged this month. Massive Markets are still far overvalued. Logic and facts mean nothing in the market. Of course, this entire selloff was just a way for some to make more money. There was really no fundamental reasons for it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Goldman Sachs says the stock market isn't buying official growth trendsThe investment bank's top stock strategist told CNBC that the market has 'overshot on the downside.'
Source: CNBC - 🏆 12. / 72 Read more »

Goldman: Buy stocks such as Adobe and VMware to ride out a trade war with ChinaGoldman Sachs says companies with strong and sustainable profit margins can rise even if the trade war with China escalates.
Source: CNBC - 🏆 12. / 72 Read more »