Not news that sell-side firms and "sell" ratings are unfamiliar with each other, it's doubly so...


Not news that sell-side firms and "sell" ratings are unfamiliar with each other, it's doubly so for China. Forensic Asia finds brokerages offering 19.2 "buy' recommendations on Chinese shares for every 1 "sell," compared to a 10.5:1 ratio for U.S. stocks and 7.3:1 for Asia ex-China."At sell-side firms there is overwhelming pressure to believe in the 'China cannot fail' story."

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  • screamin187
    , contributor
    Comments (294) | Send Message
     
    This is why FXI is a huge short. Never believe Big Red.
    28 Nov 2011, 09:19 AM Reply Like
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