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China stock market not in a bubble despite rally: BlackRock
Published Wed, Jun 24, 2015 · 09:50 PM
Singapore
DESPITE a breathtaking rally, China's overall stock market is not in a bubble, said asset manager BlackRock's head of China equities Helen Zhu.
"We think the market as a whole is not a bubble but there are certain portions of the market that have seen valuation expansions probably to unsustainable levels," Ms Zhu said at a press conference on Wednesday morning.
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