Emerging market stock guru Mark Mobius sees investment opportunities in the Chinese and Brazilian stock markets.
He likes bank shares in China, as the government’s effort to curb bank lending will boost China’s economy and snuff out bubbles.
“I don’t see a slowdown in lending as a bad thing,” the chairman of Templeton Asset Management told Bloomberg. “It moderates risk to some degree because people don’t go overboard.”
He likes bank shares in China, as the government’s effort to curb bank lending will boost China’s economy and snuff out bubbles.
“I don’t see a slowdown in lending as a bad thing,” the chairman of Templeton Asset Management told Bloomberg. “It moderates risk to some degree because people don’t go overboard.”
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