China has been one of the worst performing emerging markets this year. Corporate mistrust and economic as well as political uncertainty are three factors that have combined and spooked investors away from the world’s second-largest economy. However, as a contrarian and value investor I am attracted to the Chinese market in search of deep-value deals and turn-around plays. Chinese companies have bad reputations Nevertheless, Chinese companies do have a reputation for aggressive as well as misleading accounting. So, investors should proceed with caution in this market. That being said, here are three Chinese ADR’s that currently appear to be trading…
These Three Chinese Companies Are Trading Below Cash-Per-Share Value
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk