Ran: Chinese concept stocks will not rally in the short term

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For today's China A-share, H-shares listed technology companies float green and the U.S. stock China concept shares of the previous slump, Ecapital Capital CEO ran in an interview with Sohu, said he believes that the Chinese concept stocks the IPO door has closed, and the impact on China's economic challenges, China's concept stocks are not expected to rally in the near term.

Ran said the global stock market Sell-off was a ripple effect of investor scepticism about the US economy, but believes there will be no big negative effects similar to the 2008 financial crisis.

However, he also admits that the turmoil in the stock market has largely closed the door to the IPO of China's concept stocks. In addition, after 30 years of rapid economic development in China, the negative impact of the excessive pursuit of development, which has prompted international markets to worry about the Chinese economy, and even doubt that the Chinese economy will have a hard landing in the next 3-5 years, and therefore, China's large environmental impact, the Chinese concept stocks are not expected to appear in the short term collective rise.

(Responsible editor: admin)