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Smart Money From Soros to Elliott Sounds Alarm on Chinese Stocks

  • Concerns mount amid political crackdown that rattled markets
  • Man’s Ellis says nation looks less attractive than a year ago
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WATCH: Man Group’s Ellis, Soros Fund Management’s Fitzpatrick, Mubadala Investment’s Al Muhairi, GIC’s Lim, and Blackstone’s Gray discuss their views on the Chinese market.Source: Bloomberg)
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Western investors are backing away from Chinese companies, blaming politics and uncertainty for a souring stance on the world’s second-biggest market. 

On Tuesday, representatives of Man Group, Soros Fund Management and Elliott Management raised concerns about the outlook for Chinese stocks traded in New York and in Asia. Their comments came weeks after $59 billion investment firm Marshall Wace said some of those businesses have become “uninvestable.”