Fullerton: Value still in chunk of China market
Correction likely after market surge but reasonable valuations can still be found
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Genevieve Cua
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Singapore
PARTS of China's equity market are in "bubble-like" territory, says Fullerton Fund Management chief executive Manraj Sekhon. But investors should not dismiss the China equity story outright.
"There is still a chunk of the China market trading on fair valuations in the mid-teens. Elements of the market have been extreme in moves and valuations. But a large chunk is still (trading) on reasonable valuations."
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