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Ping An CIO bullish on 'undervalued' Chinese state firms

The Chinese life insurer's investment chief is positive about the long-term stock performance of Chinese state-owned enterprises under a 'valuation system with Chinese characteristics'.
Ping An CIO bullish on 'undervalued' Chinese state firms

Ping An Group’s chief investment officer Benjamin Deng said he’s positive about the performance of low-volatility, high-dividend Chinese equities this year, especially state-run enterprises with low valuations.

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