DBS’s chief executive officer Piyush Gupta believes China's stock market turbulence has the potential to dent investor confidence across Asia.
At a media briefing held on Thursday at the bank's headquarters at Marina Bay Financial Centre Tower 3, he said the uncertainty that was being generated could spill over across the region.
The problem with China right now is that it’s in panic mode, Gupta told reporters. If you get into panic mode, investor psychology is difficult to predict, you can get tail events.
Chinese equity markets in late June and...
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