Friday, October 28, 2011

China Stocks Cheapest 'I've Ever Seen': Index Pioneer

Chinese stocks are extremely undervalued and U.S. investors should heavily increase their exposure to benefit from the emerging market's long-term growth, says Burton Malkiel, author of the financial classic "A Random Walk Down Wall Street."

.......The economist was referring to a slide showing several valuation metrics—from the price-to-earnings and price-to-book ratio—for the AlphaShares family of China indexes he created.
For details, please visit.http://www.cnbc.com/id/45065376

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