Our Chief Strategist, Jimmy Zhu, went LIVE on CNA938 Radio this morning to share his thoughts on the current market situations. Here are some of the key takeaways:
👉 Further easing is expected in terms of where the market is headed in the next 1 to 2 months
👉 Credibility of the Feds and the impact on the market
👉 Official announcement of tapering to happen in November and tapering should start in December
👉 Retail industry being the important force to support the market
👉 Beijing likely to step in and restructure the debts of Evergrande