'China is uninvestable,' says Bond king Jeffrey Gundlach

4
4
Favorite

'China is uninvestable,' says Bond king Jeffrey Gundlach

Yahoo Finance2022-01-05

Investors may want to think twice about putting their money to work in China, contends DoubleLine founder Jeffrey Gundlach. "China is uninvestible, in my opinion, at this point," the bond king told ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（4）

andrew123
·2022-01-07
Oh no. All my China stk goes up in smoke. Everyday keep drop new low[Cry] [Cry]
Reply
Like
Report
sk27
·2022-01-06
Some truth to it
Reply
2
Report
schai
·2022-01-05
Crazy.... scared technics
Reply
2
Report
BLAZ
·2022-01-05
Nice FUD. I guess they are fishing for the last dip to buy more of these stocks.
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2201350572?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/0l3DVKMkdQLF09257SYM7A--~B/aD0zMzQ7dz02MTA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/os/creatr-uploaded-images/2022-01/e5387b70-6e17-11ec-bf2e-566e0dcd61e2","is_english":true,"pubTime":"2022-01-05 19:44","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2201350572","market":"us","top_or_hot":-1,"title":"'China is uninvestable,' says Bond king Jeffrey Gundlach","media":"Yahoo Finance","content":"<div>\n<p>Investors may want to think twice about putting their money to work in China, contends DoubleLine founder Jeffrey Gundlach. \n\"China is uninvestible, in my opinion, at this point,\" the bond king told ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bond-king-jeffrey-gundlach-china-is-uninvestable-114404300.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'China is uninvestable,' says Bond king Jeffrey Gundlach</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'China is uninvestable,' says Bond king Jeffrey Gundlach\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 19:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bond-king-jeffrey-gundlach-china-is-uninvestable-114404300.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors may want to think twice about putting their money to work in China, contends DoubleLine founder Jeffrey Gundlach. \n\"China is uninvestible, in my opinion, at this point,\" the bond king told ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bond-king-jeffrey-gundlach-china-is-uninvestable-114404300.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DIDI","symbol_name":"滴滴(已退市)","start_time":0,"source_url":"https://finance.yahoo.com/news/bond-king-jeffrey-gundlach-china-is-uninvestable-114404300.html","article_id":"2201350572","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/0l3DVKMkdQLF09257SYM7A--~B/aD0zMzQ7dz02MTA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/os/creatr-uploaded-images/2022-01/e5387b70-6e17-11ec-bf2e-566e0dcd61e2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2201350572","pubTimestamp":1641383044,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Investors may want to think twice about putting their money to work in China, contends DoubleLine fo","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DIDI":"滴滴(已退市)","BK4504":"桥水持仓","BK4514":"搜索引擎","BK4548":"巴美列捷福持仓","BAC":"美国银行","GS":"高盛","JD":"京东","NIO":"蔚来","JPM":"摩根大通","BK4531":"中概回港概念","MS":"摩根士丹利","XPEV":"小鹏汽车","BIDU":"百度","C":"花旗","K3SD.SI":"u BIDU ADR US$+","TAL":"好未来","BABA":"阿里巴巴","BK4535":"淡马锡持仓","PGJ":"中国ETF-PowerShares Gldn Drago","BK4077":"互动媒体与服务","BK4526":"热门中概股","PDD":"拼多多","BK4552":"Archegos爆仓风波概念"},"translate_title":"债券大王冈拉克（Jeffrey Gundlach）说，中国不可投资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BIDU":0.9,"PGJ":0.9,"C":0.6,"XPEV":0.6,"TAL":0.6,"PDD":0.6,"NIO":0.6,"MS":0.6,"K3SD.SI":0.6,"JPM":0.6,"JD":0.6,"GS":0.6,"DIDI":0.6,"BABA":0.6,"BAC":0.6},"content_text":"Investors may want to think twice about putting their money to work in China, contends DoubleLine founder Jeffrey Gundlach. \n\"China is uninvestible, in my opinion, at this point,\" the bond king told Yahoo Finance in an interview at his California estate. \"I've never invested in China long or short. Why is that? I don't trust the data. I don't trust the relationship between the United States and China anymore. I think that investments in China could be confiscated. I think there's a risk of that.\"\nGundlach's comments came ahead of DoubleLine's third annual Roundtable Prime investor event on Tuesday.\nSome of Gundlach's concerns on China played out in grand fashion last year. \nThe ongoing crackdown on the operations of big Chinese internet companies such as Didi by the government has rocked investors in the space. The clamping down on the country's biggest tech names has now led to a tightening of listing requirements by the Chinese government. \nTo that end, Didi plans to delist from the New York Stock Exchange later this year not too long after a disastrous IPO (in large part because of Chinese authorities). \n\n\n\n  DoubleLine founder Jeffrey Gundlach (right) tells Yahoo Finance China is uninvestable.\n \n\n  Yahoo Finance\n \n\nMeanwhile, the long reach of China's government also hammered after-school tutoring companies such as TAL Education Group — shares of the name plunged about 95% in 2021. \nAll of this is in addition to China's ongoing fight against the rise of cryptocurrencies. \nThe investing headwinds in the country show up in how the country's key indexes performed in 2021. \nFor instance, the Golden Dragon Index — which tracks the performance of mid- and large-cap Chinese stocks — plunged about 49% in 2021. The Wall Street Journal points out the total value of China's onshore stocks rose 20% in 2021, underperforming the S&P 500's advance. \nGundlach is increasingly more optimistic on emerging markets, minus China (which he doesn't think is an emerging market anymore). \n\"I kind of think the next move, the big move is to enter emerging markets. We've been in zero emerging market equities this whole time. And, we've been underweight until very recently emerging market debt as well,\" added Gundlach.\nBrian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.\n\n\n\n\n\nRead the latest financial and business news from Yahoo Finance\n\nFollow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, YouTube, and reddit","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9008572249,"gmtCreate":1641507174488,"gmtModify":1676533621457,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576260758860416","authorIdStr":"3576260758860416"},"htmlText":"Oh no.&nbsp; All my China stk goes up in smoke. Everyday keep drop new low[Cry]&nbsp;[Cry]&nbsp;","listText":"Oh no.&nbsp; All my China stk goes up in smoke. Everyday keep drop new low[Cry]&nbsp;[Cry]&nbsp;","text":"Oh no. All my China stk goes up in smoke. Everyday keep drop new low[Cry] [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008572249","repostId":2201350572,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008606713,"gmtCreate":1641427669734,"gmtModify":1676533613655,"author":{"id":"3582018187984085","authorId":"3582018187984085","name":"sk27","avatar":"https://community-static.tradeup.com/news/9eff7bdabcd1448e80d9f4881925e9bb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582018187984085","authorIdStr":"3582018187984085"},"htmlText":"Some truth to it","listText":"Some truth to it","text":"Some truth to it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008606713","repostId":2201350572,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008165549,"gmtCreate":1641391631218,"gmtModify":1676533609339,"author":{"id":"3573100736586112","authorId":"3573100736586112","name":"schai","avatar":"https://static.tigerbbs.com/cc1da7c0ce1691b7fc47a7a08de3031c","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3573100736586112","authorIdStr":"3573100736586112"},"htmlText":"Crazy.... scared technics&nbsp;","listText":"Crazy.... scared technics&nbsp;","text":"Crazy.... scared technics","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008165549","repostId":2201350572,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008135236,"gmtCreate":1641385019332,"gmtModify":1676533608459,"author":{"id":"3562931772503502","authorId":"3562931772503502","name":"BLAZ","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3562931772503502","authorIdStr":"3562931772503502"},"htmlText":"Nice FUD. I guess they are fishing for the last dip to buy more of these stocks.","listText":"Nice FUD. I guess they are fishing for the last dip to buy more of these stocks.","text":"Nice FUD. I guess they are fishing for the last dip to buy more of these stocks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008135236","repostId":2201350572,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":4,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}