David Dai

David Dai has been quoted 6 times. The two most recent articles where David Dai has been quoted are Hong Kong shares hurt by U.S. election worries; China stocks firm and Hong Kong, China stocks up as energy shares jump on higher oil prices. Most recently, David Dai was quoted as having said, “I don't see any negative element that will trigger panic selling.”.

David Dai quotes

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The market dropped because several insurers are not allowed to buy stocks. This has changed investors' expectations.

I don't see any negative element that will trigger panic selling.

The market is still in a range-bound trading pattern, and I don't see a clear trend forming in either direction. History data tells us that China's market is likely to rise after a long holiday, so we've decided to hold our positions.

Everyone is saying the economy is lousy, but if you look at listed companies results, they're not as bad as some had expected.

Concerns over big lenders' asset quality may trigger bank runs in western countries, but in China this will never happen. Valuations of Chinese banking stocks were very attractive.

The yuan is under depreciation pressure, but China has the ability to control its pace, and indeed the yuan has already stabilized.

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