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Hong Kong stocks fall most in six months as George Soros warns China is the biggest danger for the global economy

Posted on 04 January 2014 with 1 comment from readers

George Soros is warning that China is now the biggest risk for the global economy as Hong Kong stocks began the year with their worst day in six months on Friday. The billionaire former hedge fund manager has been right many times in the past at spotting black swans in the global economy and made his fortune by backing his own judgement.

On Friday’s ‘The Roundup,’ Adam Johnson, Stephanie Ruhle, Matt Miller and Carol Massar wrap up the day’s top market stories on Bloomberg Television’s ‘Street Smart’…

Posted on 04 January 2014 Categories: Banking & Finance, Bond Markets, Global Economics, Hedge Funds, Investment Gurus, Sovereign Wealth Funds, US Dollar, US Stocks, Video Channel

1 Comment posted by readers:

Comment by Andy - 06 January 2014

Many locals with money and many local government officials recently cut back on buying stocks due to a government crackdown on official corruption and tracking down assets of government officials and rich locals so in return the locals are not buying stocks locally like they used to.

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