Mobius Sees No Bottom Yet for China
- Chinese stocks face headwinds: debt, tech influence, trade war
- Sees “good chance” of recovery for emerging markets: Mobius
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The bottom for emerging-market stocks remains some way away, especially in China, said Mark Mobius, partner and co-founder of Mobius Capital Partners.
Equities in Shanghai face multiple headwinds, including debt, the influence of technology stocks and the ongoing trade conflict with the U.S., Mobius said in an interview with Bloomberg TV in Hong Kong.