An Anhui Conch Cement factory. The company and other ‘old-economy’ firms are recommended by Citic because of their low valuations. Photo: xinhuaAn Anhui Conch Cement factory. The company and other ‘old-economy’ firms are recommended by Citic because of their low valuations. Photo: xinhua
An Anhui Conch Cement factory. The company and other ‘old-economy’ firms are recommended by Citic because of their low valuations. Photo: xinhua

Traditional Chinese companies’ shares are a safe bet amid Hong Kong unrest, says Citic Securities

  • Hong Kong-traded shares of Chinese companies such as ICBC are attractive in valuation and potential dividend payout, says China’s biggest brokerage
Topic |   Stocks
An Anhui Conch Cement factory. The company and other ‘old-economy’ firms are recommended by Citic because of their low valuations. Photo: xinhuaAn Anhui Conch Cement factory. The company and other ‘old-economy’ firms are recommended by Citic because of their low valuations. Photo: xinhua
An Anhui Conch Cement factory. The company and other ‘old-economy’ firms are recommended by Citic because of their low valuations. Photo: xinhua
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