Bisheng Asset founder, executive chairman, and chief strategist Wang Guohui: "Price determines investment value." Labeling China as "uninvestable" is either driven by a hidden agenda or a fundamental misunderstanding of investment

On December 19th, at the "Alpha Summit" co-hosted by Wall Street Watch and the China Europe International Business School, Wang Guohui, founder, executive chairman, and chief strategist of Bison Capital, stated, "Warren Buffett said it best: 'If socks are cheap, I will buy a lot of socks; if stocks are cheap, I will buy a lot of stocks.' Therefore, those who label China as 'uninvestable' either have a hidden agenda or simply do not understand investing. In my 44-year career in investment, I have never heard any stock market described this way. This is a flawed concept—any business can be invested in as long as the price is right."