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
Aussie retail recession deepens as households buckle
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Australia’s world-record decline in household disposable income continues
to drag down retail sales. The Australian Bureau of Statistics (ABS)
reported t...
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