1. LINE

      Text:AAAPrint
      Economy

      Buffett backs value investing amid frenzy in China

      1
      2015-05-04 09:06China Daily Editor: Si Huan

      United States investment guru Warren Buffett has responded to the frenzy in China's A share market by defending value investing.

      Value investors seek stocks of companies that they believe the market has undervalued. They consider the market overreacts to good and bad news, resulting in stock price movements that do not correspond with a company's long term fundamentals. The result is an opportunity for such investors to profit by buying when the price is deflated.

      Buffett defended the strategy at his company's annual shareholders' meeting during the weekend. The 84-year-old chairman and chief executive of multinational conglomerate holding company Berkshire Hathaway said value investing applies to all markets, although he sees greater speculative forces in the Chinese market.

      "Investment principles do not stop at borders," he said in response to a Chinese questioner who asked whether Buffett's investment philosophy could apply to the Chinese market.

      Commenting on the A share market,where the benchmark index has almost doubled in the past six months, Buffett said theremay bemore speculative influences in China because it has a relatively new investment environment.

      Charlie Munger, Buffett's 91-year-old business partner and vicechairman of Berkshire Hathaway, agreed that China would be better served by taking a value approach, rather than speculation.

      "I don't think value investingwillever go out of style," he said.

      For years, many Chinese investors have traveled to Omaha, Nebraska, where Berkshire Hathaway has its headquarters, to hear Buffett's advice.

      When he talks, his Chinese followers listen closely. More than 2,000 Chinese attended this year's shareholders'meeting, which attracted more than 40,000 investors from around the world.

      But not all investors in China are buying into the concept of value investment and fundamentalanalysis, especially for a market that has been hit by financial fraud, insider trading and market manipulation.

      Li Xinran, a 32-year-old retail investor in Beijing, said: "It (value investing) is not entirely impossible in China. But it is very hard, and part of the reason is that the financial

      reports of many listed companies are not reliable. ... How can you analyze the value of a company if you are not sure whether its financial statements are true?"

      At the shareholders'meeting, Buffett and Munger praised China's rapid development and its efforts to fight corruption.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 亚洲午夜福利精品久久| 国产最新凸凹视频免费| 久久精品国产亚洲av麻豆| 男女一边桶一边摸一边脱视频免费 | 免费无码又爽又刺激高潮软件| 亚洲美女在线国产| 全黄A免费一级毛片| 免费在线不卡视频| 一级特黄录像免费播放中文版| 国产精品美女久久久免费| 亚洲精品国产综合久久一线| 污污污视频在线免费观看| 亚洲乱亚洲乱少妇无码| 中国精品一级毛片免费播放| 亚洲国产无套无码av电影| 久9久9精品免费观看| 精品亚洲成a人片在线观看| 国产在线观看麻豆91精品免费| 亚洲午夜精品一区二区公牛电影院| www.999精品视频观看免费| 亚洲欧美日韩中文二区| 亚洲高清视频一视频二视频三| 成人毛片100免费观看| 亚洲成a人片77777老司机| 国产一卡2卡3卡4卡2021免费观看| 亚洲人成7777| 亚洲国产av无码精品| 日韩a级无码免费视频| 亚洲大片免费观看| 手机看片久久国产免费| 免费无码一区二区三区蜜桃| 亚洲视频在线一区二区三区| 东方aⅴ免费观看久久av| 亚洲视频在线免费看| 免费日韩在线视频| 香蕉成人免费看片视频app下载| 亚洲一区二区三区不卡在线播放 | 啊灬啊灬别停啊灬用力啊免费看| 一级一看免费完整版毛片| 91亚洲导航深夜福利| 国产大片91精品免费观看男同|