Bloomberg Businessweek Weekend - August 27th, 2021
Bloomberg Businessweek
00:00
We've Been Pulling Out of China Stocks for a Long Time Now.
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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