The dust is still yet to settle on global stock markets, three weeks after China's ‘Black Monday' sent shares into freefall. Here Source ETF and Henderson give their views on the country behind the turmoil...
Coin flip "Investing in China is a coin flip," was Henderson multi-manager James de Bunsen's opinion the day after the country's stock market tumbled nearly 9%, after a series of weak economic data, taking global markets with it. Echoing the oft cited view that the Chinese have a penchant for gambling, and that it filters through into its stock market, he added: "It's just a big casino." De Bunsen suggested other reasons China may be more suited to adventurous global investors, however. "There is an enormous amount of borrowing to invest, so when the market falls brokers tel...
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