Mobius who manages $40 billion made the following observations:
- China still looks very good as it is the fastest growing major economy.
- Chinese stocks are cheap.
- After China Mobius would look to Russia where stocks are also cheap.
- Chinese are now trying to re-stimulate their economy.
- Wouldn’t invest in consumer companies in China which are fairly expensive; he would prefer oil companies and Chinese banks.
- China still looks very good as it is the fastest growing major economy.
- Chinese stocks are cheap.
- After China Mobius would look to Russia where stocks are also cheap.
- Chinese are now trying to re-stimulate their economy.
- Wouldn’t invest in consumer companies in China which are fairly expensive; he would prefer oil companies and Chinese banks.
