Focus on A-share value, not volatility, says China JV chief
Hu Bin of BNY Mellon Western Fund Management says now is a good time to invest in China’s A-share market on valuation grounds as he looks to launch the firm’s first equity fund.
Volatility in the A-share market should start to ease next month, while reasonable valuation levels mean it’s a good time to invest in Chinese stocks, says the CEO of BNY Mellon Western Fund Management Company.
Hu Bin’s views should not come as a total surprise, given that the joint-venture is preparing to launch its first equity fund for domestic retail investors on December 20, having recently obtained approval from the China Securities Regulatory Commission.
But Hu is confident tha…
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