China's cheap stocks are tempting a $101 billion Australia pension fund with discounted securities

From Caixin Global: 2024-07-04 16:51:59

Optimism is growing as China’s top leaders plan to introduce measures to boost consumption and revive the stock market. Colonial First State is considering discounted China securities to increase its exposure to emerging markets. Chief Investment Officer Jonathan Armitage aims to boost developing markets exposure by 2-3%, with China, Korea, and Taiwan offering attractive valuations compared to U.S. equities.



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