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Mobius says 20% retreat for China stocks 'very possible'

He is cautious in short term but feels bull market is still intact
Thursday, April 9, 2015 - 05:50

Hong Kong

MARK Mobius says that Chinese stocks have risen too fast after a world-beating rally sent the benchmark equity gauge to its highest level in seven years.

A 20 per cent retreat is "very possible", Mr Mobius, who oversees about US$40 billion as the executive chairman of

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