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☆ Mark Mobius: Adani had 'big problems' that put me off, but India still looks appealing
▼ + stars: | 2023-02-07 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Investor Mark Mobius was put off Adani's massive planned share sale because of concerns about the group's debt pile and exposure to political risk, he told CNBC Tuesday. So that's one of the big problems that I had," Mobius said. His firm, Mobius Capital Partners, focuses on emerging markets and India is one of its top allocations. Companies including Adani Enterprises, Adani Transmission, Adani Green Energy, Adani Power and Adani Total Gas have plummeted in value since then, with the group shedding more than $113 billion from its market value. On Feb. 1, Adani called off a fully subscribed $2.5 billion sale of Adani Enterprises shares, citing the stock price movements.

☆ Legendary investor Mark Mobius said he shunned embattled Adani's share sale over debt concerns but he's still bullish on India
▼ + stars: | 2023-02-02 | by ( Carla Mozée | ) www.businessinsider.com time to read: +2 min

Billionaire investor Mark Mobius said his firm avoided the share sale by Adani Enterprises that was later pulled. The Adani Group was accused of stock manipulation by short seller Hindenburg. Mobius said the problems surrounding Adani Enterprises and the Adani Group are specific to those entities. Adani Enterprises canceled a $2.5 billion share sale even after the offering was fully subscribed Tuesday with help from institutional investors. The short seller in response has stood its ground on the accusations.

☆ Mobius: China's expected recovery this year gives a big boost to emerging markets
▼ + stars: | 2023-01-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMobius: China's expected recovery this year gives a big boost to emerging marketsMark Mobius, founding partner of Mobius Capital, says investors will do well this year by diversifying into emerging markets, as a weaker U.S. dollar will boost assets from those economies.

CNBC rounds up some of the boldest price calls for bitcoin in 2023. Bitcoin miners, who use power-intensive machines to verify transactions and mint new tokens, are being squeezed by the slump in prices and rising energy costs. "In prior down markets, miner capitulation has usually indicated major bottoms," Ayyar told CNBC. However, Mobius told CNBC that he is sticking for his $10,000 price call in 2023. "There will be a managed bull market in 2023, not a bubble -- so we won't see the price overshooting as before," she told CNBC.

The events of the year took many investors by surprise and made the task of predicting bitcoin's price that much harder. The crypto market was awash with pundits making feverish calls about where bitcoin was heading next. When asked about his $250,000 target earlier this month, the Draper Associates founder told CNBC $250,000 "is still my number" — but he's extending his prediction by six months. The entrepreneur says he's also done making bitcoin price predictions. Buehler said lack of risk management in the crypto industry, missing regulation and fraud have also been major factors affecting prices.

☆ Money supply is still very high, I expect more pain from interest rates, says Mark Mobius
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMoney supply is still very high, I expect more pain from interest rates, says Mark MobiusMark Mobius, founding partner of Mobius Capital Partners, joins CNBC's 'Squawk Box' to discuss markets following the Federal Reserve's latest interest rate decision.

☆ Investors in Chinese internet stocks should move toward hardware names, says Mark Mobius
▼ + stars: | 2022-12-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors in Chinese internet stocks should move toward hardware names, says Mark MobiusMark Mobius of Mobius Capital Partners says Chinese internet companies are under "incredible scrutiny" and investors should look into the "technical side."

☆ Tim Draper predicts bitcoin will reach $250,000 next year despite FTX collapse: 'The dam is about to break'
▼ + stars: | 2022-12-05 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Venture capitalist Tim Draper thinks bitcoin will hit $250,000 a coin by the middle of 2023, even after a bruising year for the cryptocurrency marked by industry failures and sinking prices. $250k is still my number," Draper told CNBC via email. Last week, veteran investor Mark Mobius told CNBC that bitcoin could crash to $10,000 next year, a more than 40% plunge from current prices. Nevertheless, Draper is convinced that bitcoin, the world's largest cryptocurrency, is set to rise in the new year. "I expect a flight to quality and decentralized crypto like bitcoin, and for some of the weaker coins to become relics," he told CNBC.

☆ China's COVID policy is top of mind for investors as unrest rattled markets this week. Here are 5 things they're watching as Beijing signals willingness to loosen some restrictions.
▼ + stars: | 2022-12-03 | by ( Carla Mozée | ) www.businessinsider.com time to read: +6 min

Chinese cities this week loosened COVID restrictions in the wake of mass protests, lifting Chinese stocks. China's top pandemic official this week appeared to signal a softening in the zero-COVID policy but the government has yet to pledge a comprehensive step-down. Retail investors should be prepared to move defensively should Beijing's decisions on zero-COVID policy go against their respective positions, Martin said. Here's what some market experts are looking at as global investors watch for developments surrounding the Chinese government's zero-COVID stance. "You have to understand that nobody has an edge as to predicting China policy anymore.

☆ Mark Mobius predicts bitcoin could crash 40% to $10,000 next year
▼ + stars: | 2022-12-01 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Bitcoin could crash to $10,000, a more than 40% plunge from current prices, veteran investor Mark Mobius told CNBC on Thursday. While Mobius expects bitcoin to hover around its current $17,000 level, the move to $10,000 could happen in 2023, he said. "With higher interest rates, the attraction of holding or buying Bitcoin or other cryptocurrencies becomes less attractive since just holding the coin does not pay interest," Mobius said via email. "Of course there have been a number of offerings of 5% or higher interest rates for crypto deposits but many of those companies offering such rates have gone bust partly as a result of FTX. So as those losses mount people become scared of holding the crypto coin in order to earn interest."

☆ Here’s how China’s COVID lockdown protests are sparking unrest across markets and rattling the global investing landscape.
▼ + stars: | 2022-11-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Today we're going over what the ongoing protests in China mean for markets and investors. While the protests in China have been largely peaceful, some protesters have been met with violence from the authorities. Anti-government protests have erupted from Shanghai to Beijing as citizens rise up in opposition of China's zero-COVID policies. "Markets don't like bad news, and protests are bad news," Laffer told me on a phone call yesterday. China protests over lockdown measures could mean inflation gets stuck at 4%, according to Mohamed El-Erian.

☆ China's leaders will crack down harshly on zero-COVID protesters – so its markets will stutter, veteran investor Mark Mobius says
▼ + stars: | 2022-11-28 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Chinese markets will fall in the short term in the wake of unrest, legendary investor Mark Mobius said. "It's clear to me that Xi cannot tolerate any protests, so there will be a tough crackdown," Mobius told Bloomberg. "I think the government will, in order to survive, crack down harshly on any protesters," Mobius said. But that doesn't mean investors should be weighing up buying Chinese assets in the long term, Mobius said. He warned of the ever-looming threat of China invading Taiwan, which could trigger sanctions that would make any Chinese stocks worthless to western investors.

☆ Watch CNBC's full interview with Mobius Capital's Mark Mobius
▼ + stars: | 2022-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mobius Capital's Mark MobiusMark Mobius, Mobius Capital Partners founder, joins 'Closing Bell' to discuss if any of his concerns around China have changed at all, whether China can be an engine of growth and where he is looking for bargains now.

☆ There will be a shift toward a more Mao-type China than Xi-type China, says Mark Mobius
▼ + stars: | 2022-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere will be a shift toward a more Mao-type China than Xi-type China, says Mark MobiusMark Mobius, Mobius Capital Partners founder, joins 'Closing Bell' to discuss if any of his concerns around China have changed at all, whether China can be an engine of growth and where he is looking for bargains now.

☆ Billionaire investor Mark Mobius says stocks could stay buoyant amid Fed rate hikes and a possible recession
▼ + stars: | 2022-10-14 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

History shows that stocks can still make gains amid the Federal Reserve's rate hikes, Mark Mobius said. The billionaire investor noted that the key is finding companies that have enough pricing power to weather high inflation. "But there's no question that the Fed could go much much higher, and there could be a lot more pain ahead." Of course, the market is now reacting negatively to the possibility of higher rates. But if you look at the history, you'll find that stock markets were able to do quite well even with high interest rates," Mobius said.

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