Aberdeen: After a significant rebound in the Chinese stock market, valuations still appear significantly lower than those of U.S. stocks
I'm PortAI, I can summarize articles.
Pruksa Iamthongthong, Deputy Head of Asia Pacific Equities at Aberdeen, stated that the Chinese stock market is at a turning point, influenced by market sentiment, macro policies, and advancements in AI technology. Although the stock market has rebounded, valuations remain lower than those in the U.S., with a price-to-earnings ratio of 13 times compared to 24 times in the U.S. Global capital allocation to the Chinese market is close to historical lows, providing investment opportunities. The MSCI China Index has risen approximately 19% year-to-date, and market earnings forecasts have been revised upward, especially for technology companies
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments