BEIJING, March 6, 2020 / PRNewswire / – As global investors reflect on the aftermath of the coronavirus epidemic, leading Chinese investment firm Fa Xian Xian Ji (Beijing) Investments have wasted little time in ensuring that they will emerge triumphant from the recent market crisis.
As Warren Buffett once proclaimed famous, “Be fearful when others are greedy, and greedy when others are afraid.” At this time, this statement appears to be timely advice, in light of recent events that have occurred.
Contrary to popular belief, prices tend to be overly inflated during good times and there is a risk of overpaying investments, which leads to anemic returns. When the market is scary, it represents an opportune time to discover greater value and, in turn, leads to better returns on investment.
While global markets have generally rebounded quickly, it remains relatively calm compared to the peaks recorded towards the end of 2019, a fact which is not lost on Fa Xian Xian Ji’s chief investment officer, Harvey Lee. He said: “Black swan events such as the coronavirus epidemic tend to have a pulsating effect on the economy. This gives us the opportunity and the impetus to take advantage of a difficult situation. We expect to comfortably exceed last year’s performance by mid-2020. “
According to Fa Xian Xian Ji, the recent drop in A share prices has been caused by turbulence from global markets. It is considered by Fa Xian Xian Ji as a short-term adjustment period which will have no influence on the prospects for the Chinese bull market in the medium and long term for the rest of 2020. Net profits of listed Chinese companies should resume after the second quarter and the market is expected to grow 10 to 12% by the end of 2020.
The company recently announced significant investments in its investment technology and the upgrade of its proprietary trading system as it seeks to consolidate its position in the Chinese market.
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Fa Xian Xian Ji
Telephone: +1 508 296 0251
E-mail: [email protected]
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Fa Xian Xian Ji (Beijing) Investments Co. Ltd.
Main specialists in A shares
SOURCE Fa Xian Xian Ji