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Andy Xie: Shanghai Composite “should be 2,000 or less” By Prieur du Plessis, on September 1st, 2009 posted in: Investment, Markets, Money  Leave your comment
Further to my “Shanghai cracks” post of yesterday, a Bloomberg interview with Andy Xie provides additional insight. Xie is a highly regarded analyst based in Hong Kong and a former Morgan Stanley chief Asian economist. Also read Xie’s thought-provoking article of a month ago, “Famed market analyst says China has “become a giant Ponzi scheme“. Click here or on the image below to view the clip.
Source: Bloomberg, August 31, 2009.
More on this topic
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Shanghai Composite Hits Lowest Level Since May
(Blogging the Commodity Bull Market, 8/31/09)
China Sets the Tone
(Contrarian Profits, 8/31/09)
SHANGHAI COMPOSITE : TOO FAR TOO FAST ? ?
(The Bullish Bear, 8/20/09)
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