Oct 26 — China International Capital Co said in a report that China’s capital
markets have seen a sharp H2 pullback: CSI 300/ChiNext/HSI/HS Tech have fallen
20.2%/41.1%/18.9%/35.8% from intra-year highs, leaving YTD returns negative;
some leading names have dropped close to the “924” level. CICC said the
correction has pushed A-share valuations below historical averages, making them
attractive on both cross-sectional and time-series comparisons.
