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Credit Suisse sees attractive H-share potential

Recovery, not deceleration, marks the story behind the current Chinese equity market, says Credit Suisse, and on that rests attractive opportunities in the H-share market. Following a sharp correction, Chinese equity prices have returned to pre-2015 levels and forward P/E ratios of the Hang Seng Index (HSI) and China H-shares have dropped to 11.6 and 8.2 times respectively. The Swiss lender believes that at these levels, H-shares…

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