(Bloomberg) -- China's stocks slid to a two-week low
in volatile trade after central bank Governor Zhou Xiaochuan said
shares may be overvalued and he can't rule out raising interest
rates. Citic Securities Co. declined.
``Zhou's remarks are damping sentiment on the market and as
a result investors may be selling for fear of further policies,'
said Fan Dizhao, who helps manage about $1.8 billion at Guotai
Asset Management Co. in Shanghai.
Read more at Bloomberg Emerging Markets News
in volatile trade after central bank Governor Zhou Xiaochuan said
shares may be overvalued and he can't rule out raising interest
rates. Citic Securities Co. declined.
``Zhou's remarks are damping sentiment on the market and as
a result investors may be selling for fear of further policies,'
said Fan Dizhao, who helps manage about $1.8 billion at Guotai
Asset Management Co. in Shanghai.
Read more at Bloomberg Emerging Markets News
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