China stock market not in a bubble despite rally: BlackRock
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
