Bubble in China? Not so clear cut: Citi
Significant policy changes in country have reduced scepticism over the health of Chinese companies
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Singapore
CHINA's stock markets beat another retreat on Friday, prompting once again the question of whether Chinese securities are heading towards the bear territory.
It's not a clear-cut bubble situation, according to Ken Peng, investment strategist for Asia Pacific for Citi Private Bank, who suggested that investors were jumping on the bandwagon on renewed confidence that Chinese companies were reflecting accurate asset prices on their books.
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