Fundraising by Chinese firms in limbo amid tougher scrutiny of IPOs
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Chinese companies are staring at the prospects of a drought of new equity
capital as tougher domestic IPO rules and challenges in listing overseas
severely...
1 hour ago
One relative was surprised at me not doing anything. Can like that meh look in his face? :-)
ReplyDeleteHi Uncle8888,
ReplyDeleteIf talking about the risk-exposed Tap 3 portion of your portfolio, then currently having 64% stocks to 36% cash (warchest) is perfectly logical, when current markets are not giving compelling valuations or yields.
I will say the main risk-on catalyst will be Trump-Xi deal. But even then may only provide a short-term boost to markets (12 months??).