09.03.2010 - China real estate ETFs may be undervalued
From Nasdaq.com: There is no doubt that China is becoming an economic powerhouse. The Asian nationís exchange traded funds (ETFs) are abundant with opportunities, and one of the most notable ones could be in its real estate sector, which one study found was undervalued. Comparing price-to-book ratios to return on equity, the Chinese real estate market was the most undervalued when compared to other high-growth nations like India and Hong Kong, comments Kevin Grewal for TheStreet. Some expert analysts estimate that the Chinese real estate sector has underperformed the benchmark MSCI China index by almost 30%.............................................Full Article: Source
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