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
Guangzhou R&F Avoids London Default as Project Sale to CC Land’s Cheung
Moves Forward
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Guangzhou R&F Properties (R&F) this week averted default on a £800 million
project loan for its One Nine Elms development in southwest London, signing
a ...
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