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Morgan Stanley: Do not BTFD in China

June 26, 2015 - 12:56 -- Admin

Shanghai is also down 3% today and Morgan Stanley says it’s over: Our stance on China A shares is that this is probably not a dip to buy. In fact, we think the balance of probabilities is that the top for the cycle on Shanghai, Shenzhen and Chinext has now taken place. We remain concerned over four

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