An elevated walkway displays stock prices in Shanghai’s financial district. Photo: Bloomberg

Every time Chinese stocks are this cheap they spend the next year soaring, says AllianzGI boss

  • On the last three occasions the price-to-book ratio has been this low, A shares have produced gains averaging 55 per cent, says Andreas Utermann, CEO of AllianzGI
  • The relaxation of restrictions on foreign investment will also help the market bounce back, he says
Topic |   A-shares

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An elevated walkway displays stock prices in Shanghai’s financial district. Photo: Bloomberg
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.