JP Morgan “Uninvestable” China Stocks Report Published by Error
In a recent “publishing error” JP Morgan described Chinese internet stocks as “Uninvestable”. The investment banking giant is now claiming the term was published by error and JP Morgan analysts intended to describe the companies as “”unattractive”. A JP Morgan spokesperson told Bloomberg “We stand by our published research and the analyst’s independent analysis of the sector. A few subjective terms used interchangeably doesn’t change that.”
#ChinaStocks #ChineseInvestment #JPMorgan
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