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Jim Chanos says he might not be bearish enough on China real estate
Hedge-fund manager Jim Chanos said investors concerned that U.S. technology stocks such as LinkedIn Corp. are overvalued should turn their attention to China. Chanos, the president and founder of Kynikos Associates LP, said his “dramatic” bet against Chinese real estate may not be sufficient. While LinkedIn, the first social-media company to go public in the U.S., traded as high as 31 times sales last week, overvaluation is more widespread in China, he said. Source: YouTube, May 24, 2011 (hat tip: The Big Picture). More on this topic (What's this?) Jim Chanos says he might not be bearish enough on China real estate (Wall Street Sector Selector, 5/26/11) Journalists Don’t Get Chanos’ China Short Play (Wall Street Sector Selector, 5/25/11) China clocks a humongous $60 billion in annual solar manufacturing output beating USA and Europe (Green World Investor, 9/2/15) |
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By Prieur du Plessis, on May 26th, 2011 posted in: 
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