AndreasRuhlmann

Richemond - Sell for high exposure to tourists and china

Short
SIX:CFR   RICHEMONT N
China consumers make for 45% of sales, while tourism sale smake for 50% of sales.

It will also be important to monitor the evolution of coronavirus. The scientific community is still learning about the virus and there is still a lot of unknown. Financial market’s belief that the disease has been contained may be over-optimistic.

Sell with a stop at $78

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