China's Huaxia bank falls below asset value

And Chinese bank stocks are trading with P/Es between 4 and 7. Value and bullish investors won't find much better prices......unless the bears are right.

China's mainland market peaked in August 2009 and has stayed down, still some 60% off the peak in 2007. It sits roughly 20% above its 2008 low.

华夏银行跌破净资产 银行股白菜价是不是投资机会