Monday, 11 June 2007

What Are China Stocks Really Worth? CSI 300 May Need to Drop by 65 Percent

(Bloomberg) -- What's a Chinese meat producer
really worth?

On the mainland, investors pay 146 times earnings to own
Fortune Ng Fung Food (Hebei) Co. Hong Kong-listed China Yurun
Food Group Ltd. trades at 26 times profit. And in Singapore,
People's Food Holdings Ltd. is valued at 11.4 times earnings.


Read more at Bloomberg Stocks News

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