19.06.2015 - Norway Wealth Fund Ponders If China Sell-Off Sign of Larger Risk
Is the sudden shift in Chinese stocks a sign something is fundamentally wrong in the world’s second-biggest economy? That’s what Yngve Slyngstad, chief executive officer of Norway’s $890 billion sovereign wealth fund, is trying to figure out right now. “You have to spend time thinking about both the valuation issues but also the wider ramifications of this price move,” he said in an interview after a speech in Oslo. “Whether it’s a symptom of something more fundamental going on.”..............................................Full Article: Source
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