Both bourses are battered because they are the most exposed to the slowdown in China. Having said that, not all companies in those bourses are exposed to China, and in some instances, not all Chinese companies are solely dependant on the Chinese market. In fact, many Chinese companies are now international players. Hunting in these 2 bourses where sentiment is overwhelmingly negative can prove rewarding because some counters are simply unjustifiably cheap.
casperl invest low PE for regional index is good. but if invest in stock counter may look into individual counter PE rather than regional PE? 16/08/2016 07:34
If even the blue chips which make up the index are at such low PE, most of the time, the smaller caps are even more undervalued.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
casperl
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Posted by casperl > 2016-08-16 07:34 | Report Abuse
invest low PE for regional index is good.
but if invest in stock counter may look into individual counter PE rather than regional PE?