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Bloomberg Businessweek Weekend - August 27th, 2021

Bloomberg Businessweek

We've Been Pulling Out of China Stocks for a Long Time Now.

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We saw increasing, increasing signs that the government was going to get tough on an companiest we didn't knowd and companies which were more than unicorns. So we were a bit cautious pulled away. And in fact, our flagship fund a had moved out of most chinese stocks. Gradually, you never know. 100 % of the time, i think the online education a really nationalization there. A was a, was a real valuation killer for the market. I think that the marketis going to be under pressure from a valuation point of view, from a lot for a long ime now.

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