China, the world’s second most liquid stock market, has had its recent fortunes dictated by an apparently never-ending stream of negative headlines and can’t seem to catch a break.
The silver lining is that from a valuation perspective it now trades at near a record low valuation relative to the rest of the world. Both China’s value and growth stocks are now very attractively priced relative to similar-profile stocks in other countries.
Where though, are the most compelling opportunities and are they worth the risks?