4/10/2024, 10:57:03 am

Invesco China CIO who called rally is worried about valuations

Invesco's chief investment officer for Hong Kong and China, Raymond Ma, warns that some Chinese stocks have become overvalued after surging 30%-40% in the recent boom, lacking a clear value proposition based on earnings performance. Ma's fund has delivered a 26% return over the past year, beating 95% of its peers.