The sudden 7% plunge of the CSI 300 yesterday was herd mentality of retail investors at work, says Julius Baer, mixed with a badly-timed policy decision. Mark Matthews, head research Asia of Julius Baer, notes that the plunge yesterday led by “emotional retail investors” was caused by monetary policy desynchronisation, and exacerbated by the new circuit breaker rule imposed yesterday….
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]