Bank of Communication’s (BoCOM) private banking arm is advising clients to stay cautious before the year-end, as corrections in most major asset classes may still extend under the regulator’s deleveraging policies, with tight liquidity conditions and poor investment sentiment weighing down the near-term outlook of the markets. In particular, the bank is telling clients to refrain from bargain-hunting in the…
Have a confidential tip? Get in touch [email protected]