Mirae Asset Global Investments bullish on China equities after recent correction - CIO
10-Aug-2021 07:28:02 | Yahoo Sports
Mirae Asset Global Investments is bullish on Chinese equities after a recent correction following the country's regulatory crackdown on various sectors, including tech, property and education, Chief Investment Officer Rahul Chaddha said. "China looks attractive on a risk-reward basis," Chaddha, who manages $215 billion in assets, told the Reuters Global Markets Forum (GMF) on Tuesday. Although the crackdowns forced Mirae Asset to lower its outlook on China's internet gaming platforms, Chaddha said he was upbeat on the sector after share prices fell by more than his firm's reassessed targets.
Read More