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Huang Weimin
Self-taught hedge fund manager
Gained more than 6,200% last year (trading Chinese stock-index futures)
Made 60% in the first two months of 2016
Been in cash since
Now says its time to buy
- Says Shanghai Composite Index may rally 18 percent next quarter
- Cites delayed rule change for initial public offerings restricting the supply of shares & authorities keeping the yuan stable before its official entry into a global basket of reserve currencies in October
- Expects Britain to vote against leaving the European Union
- But ... if it's a 'leave' vote it won't derail the Chinese stocks rally
- "There could be a rare rally for global risk assets across the board. The third quarter is very much worthy of a rebound for the market, at home and abroad."
