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Benzinga
Benzinga
Politics
Shanthi Rexaline

China Stocks Are Approaching Bottom, Says Mark Mobius: Time to Buy Small, Mid-Sized Names

The negative risks faced by China stocks may have played out fully and a bottom is near, Mark Mobius, a fund manager focused on emerging markets said in an interview with the South China Morning Post.

What Happened: China stocks could be approaching a "bottom or near bottom" and a rebound is in the cards, the fund manager said. The Chinese government may want to see the domestic market recover, he reasoned.

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