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

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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

Enoch Yiu

Published: 12:03pm, 1 Feb, 2019

Updated: 8:04pm, 1 Feb, 2019

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

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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'.