Since the tradewar conflict blew up the Chinese stock market had taken a serious hit. Currently the index is trading at 10x expected earnings while SP500 trades at 18. When comparing the tech behemoths in China and US the difference is even more striking. FANG has risen 35% while its Chinese counterpart is down 5%.
What are your thoughts on China? I've become more and more interested since many of the big tech stocks are becoming really expensive.
Submitted September 02, 2018 at 09:49AM by apanali https://ift.tt/2MM5z6F
