Attention Economy


Thursday, January 25, 2024

Chinese Stocks Are Cheap

Chinese stocks are dirt cheap – is this the time to buy?
Despite Beijing’s economic woes some convincing arguments remain for investing
https://www.telegraph.co.uk/business/2024/01/25/chinese-stocks-are-dirt-cheap-is-this-the-moment-to-buy/
TOM STEVENSON:
China has been a disappointment over longer time periods, too. If you had invested in Chinese shares 20 years ago, soon after the country joined the World Trade Organization, you would have doubled your initial investment. 
Not bad, you might think, until you compare that return with the four-fold increase in the value of the US stock market over the same period, and the fact that a similar investment in the Indian stock market would have multiplied your investment ten times.
 
 
A Smarter Way to Play 'China Bailout Roulette'
https://www.wsj.com/finance/stocks/a-smarter-way-to-play-china-bailout-roulette-8502fb02 

As China’s Markets Stumble, Japan Rises Toward Record
https://www.nytimes.com/2024/01/26/business/japan-nikkei-china-hang-seng.html
A change in perception among investors about China and Japan is one of the biggest themes in the markets right now.