Tag: Steel

Valuation of China A shares: raw materials

Reading Time: 2 minutes Chinese stocks are becoming more and more expensive. From different statistics, average PE of the market is in 40s. This is not cheap compared to around PE 18 of US S&P 500. There are many reasons for that, and I’m not jumping into it. But I want to share an interesting phenomena here: these days

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stlplace
September 13, 2007
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