Amplified price action on downside indicates capitulation happening in Chinese markets: Analyst
CNA's Elizabeth Neo chats with Nick Ferres, Chief Investment Officer of Vantage Point, about the recent price action in Chinese markets as the country is about to usher in the Year of the Dragon. He argues Chinese equities remain attractive due to what he calls "rapid unemotional price action" or "waterfall price action on the downside".
CNA's Elizabeth Neo chats with Nick Ferres, Chief Investment Officer of Vantage Point, about the recent price action in Chinese markets as the country is about to usher in the Year of the Dragon. He argues Chinese equities remain attractive due to what he calls "rapid unemotional price action" or "waterfall price action on the downside".