U.S. fund managers want less Chinese stock market intervention, end the fake market

Reuters report that U.S. fund managers want less market intervention from Chinese regulators

Less intervention would create "a real marketplace" that would be better for long-term valuations, said Gary Greenberg, lead portfolio manager for the Calvert Emerging Markets Equity Fund

• "A fake marketplace generates distrust, and with distrust, lower valuations"

OppenheimerFunds Chief Investment Officer Krishna Memani:

• Says intervention by policymakers "scares investors worldwide as it signals that things are far worse than they really are"

BlackRock senior investment strategist Gerardo Rodriguez:

• "Eventually all the actions taken now can lead to a free-floating market"

More at that link, above