BYD - Chinese Stocks Are 'A Risk Worth Taking' Says Asset Manager Amid Economic Uncertainty: '...Trading At The Cheapest They've Ever Been' | Benzinga
Asset manager Jason Hsu has suggested that the current low valuation of Chinese stocks presents an attractive investment opportunity.
What Happened: Hsu, who serves as the chairman and chief investment officer of Rayliant Global Advisors, believes that the current low valuation of Chinese stocks is a unique opportunity for investors. He emphasized that despite the risks associated with the Chinese market, the current low prices make it a risk worth taking, reported CNBC on Monday.
"Chinese stocks are trading at the cheapest they've ever been. They offer such a big discount and are certainly good investments within a portfolio. There is a risk with China — with how the economy will take form — but with stocks being so cheap, it is a risk worth taking," Hsu said.
Hsu suggested that investors allocate approximately 7% to 8% of their portfolio to Chinese stocks, with the remaining funds being distributed among U.S. stocks (60%), developed markets like Japan (20%), and other ...