Room for improvement. Overvalued listings have cast a pall over China’s stock market, which has failed to match the stellar growth of the underlying economy. Photo: AP
Room for improvement. Overvalued listings have cast a pall over China’s stock market, which has failed to match the stellar growth of the underlying economy. Photo: AP

Overpriced IPOs spell longer-term misery for A share investors

Room for improvement. Overvalued listings have cast a pall over China’s stock market, which has failed to match the stellar growth of the underlying economy. Photo: AP
Room for improvement. Overvalued listings have cast a pall over China’s stock market, which has failed to match the stellar growth of the underlying economy. Photo: AP
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