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IMAS conference

Buy the worst markets: Mobius

Asked about Chinese companies, Dr Mobius said state-owned enterprises listed in Hong Kong have good corporate governance


BUY the worst markets, not the best ones, said Templeton Emerging Markets Group executive chairman Mark Mobius at a dialogue session.

The worst-hit markets, he explained, will give the best returns. And bull markets last longer than bear ones.

"The numbers are on

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