Reported 1 day ago
China's top securities regulator, Wu Qing, praised Warren Buffett's long-term investment philosophy following Buffett's announcement of his retirement as CEO of Berkshire Hathaway. Wu emphasized the importance of rational and long-term value investing to stabilize the Chinese market, which is often influenced by retail investor behavior. The regulator's comments reflect a broader intention to promote a similar approach in China’s investment landscape.
Source: YAHOO