According to Bankers, China's Announced Stimulus Packages Have Yet to Impact Long-Term Investors

Forex - Leading players have indicated that a series of economic stimulus measures in China have triggered a return to the stock market, but private equity and other long-term investors remain cautious. Goldman Sachs CEO David Solomon and Chris Gradel, co-founder of Asia's leading private equity group PAG, stated this week that such investors have largely stayed on the sidelines for now. They made this assessment during separate panel discussions at a banking summit hosted by the Hong Kong Monetary Authority, aimed at strengthening the city's position as a financial center.