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CITIC Securities' Bao Chengchao says A-share blue-chip valuations are low

NewsFeeds update

Bao Chengchao, chief strategist at CITIC Securities' research department, says large-cap A-share blue chips trade at low valuations globally, with domestic-demand manufacturers offering the most room to recover. He says A-shares are the only one of four markets where the AI valuation premium over non-AI stocks remains above its historical median.

MacroChainCatcherAINeutral

Read the original on ChainCatcher

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.