|52 Week Rng||-|
|P/E Ratio (TTM)||-|
|P/E Ratio (Fwd)||-|
|Div & Yield||-|
Chinese companies are growing at a rapid rate as the country begins rapid urbanization. Shares are trading at a forward P/E of 9.1 times, a substantial discount to the sector median. Additionally, China will begin to depend more and more on telecommunications, as urbanization demands more cellular and internet service around the country. The risk may be that it is controlled by the state so it may not really reflect consumer's preferences. However, the state will not allow this company to fail.
Rebalancing funds position according to the funds strategy. Rebalancing triggered by a change in firms belonging to category (VMW out, INTU in). Maintaining long position in CHL.