Chinese fund managers cut proposed equity exposure for next 3 months to 73.8%

Latest poll results published by Reuters 29 Sept

  • proposed equity exposure down from 76.9% at 1-year lows
  • fund managers maintain bond exposure for next 3 months at 10%
  • increase proposed cash allocations for next 3 months to 16.3% from 13.1%

The 8 polled fund managers keeping a few yuan under the mattress.

One says:

» The seasonal fall in August economic data could put major stock indexes under pressure for the short term»

                     «So did Reuters give you a call ? Nope, me neither»

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