After a strong January performance, the Hang Seng remains at a low price to earnings multiple compared to other markets. Rebeco’s Arnout van Rijn tells the FT’s Robert Cookson that Chinese bank stocks disproportionately affect the index which by some measures actually trades at a premium.
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Source – FT.com
After a strong January performance, the Hang Seng remains at a low price to earnings multiple compared to other markets. Rebeco’s Arnout van Rijn tells the FT’s Robert Cookson that Chinese bank stocks disproportionately affect the index which by some measures actually trades at a premium.
Click to Watch
Source – FT.com
Another outing to forget for Foxconn International. The world’s biggest contract maker of mobile phones was already the worst performing stock in the Hang Seng index this year, down 38 per cent. It then slid another 7 per cent on Wednesday, having warned that first-half losses would be wider than last year’s. Ben McLannahan [...]
Jim Cramer points out the signs of stability as the Chinese stimulus takes hold.
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