After the recent sharp correction, many Chinese banks are undervalued. Many price earning ratios below 4 times and trading below NTA. We will start pick up certain banks again. Our preference is ABC, ICBC and CCB.
An emerging diversified private investment fund
After the recent sharp correction, many Chinese banks are undervalued. Many price earning ratios below 4 times and trading below NTA. We will start pick up certain banks again. Our preference is ABC, ICBC and CCB.
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