Lot of nervousness about Chinese tightening measures: CLSA
Published on Fri, Nov 27, 2009 at 08:58 | Source : CNBC-TV18
Updated at Fri, Nov 27, 2009 at 09:04
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Lot of nervousness about Chinese tightening measures: CLSA
Investors should continue to give the upside the benefit of the doubt into year end. Many absolute-return investors have achieved results deemed satisfactory for the year and have sought to lock in their gains, says Chris Wood of CLSA.
Here is expert equity call for the day on how the markets are expected to trade:
Chris Wood, CLSA: Investors should continue to give the upside the benefit of the doubt into year end. Many absolute-return investors have achieved results deemed satisfactory for the year and have sought to lock in their gains. There is lot of nervousness about imminent Chinese tightening measures. However, I feel such concerns are overdone.