Aussie fund manager dumps Chinese stocks

  • 📰 smh
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

‘No checks and balances’: $5b Aussie fund manager dumps Chinese stocks | CharlotteGriev1

Mr Griffin pointed to China’s telecommunications sector to explain how the government’s agenda can be detrimental to private sector growth, with companies like China Mobile and China Unicom spending “decades not making any money at all.”

“As much as you might think Facebook is doing the wrong thing, the reality is if I own Facebook shares, and the government decides to do something against it, Facebook can appeal to the courts. I know they will be treated fairly in the court of law,” he said.

 

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

CharlotteGriev1 opportunists - it is what it is

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:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines