Evergrande is an ugly situation - David Shapiro
Sasfin Securities David Shapiro leads the week's investment insights as the veteran money manager delves deeper into the Evergrande saga. Alibaba, one of the Chinese tech titans, is discussed at length as well as whether the Chinese internet giants drawdowns have been over-exaggerated. The active vs passive management debate is touched on, with Shapiro being an active manager outlining his passion and thesis for the industry. Lastly, given president Ramaphosa's decision to return the country to Level 1, Shapiro talks about the benefits and tailwinds the hospitality and leisure shares will experience.