Recently, Chris Brightman, chief investment officer of Research Affiliates LLC, a quantitative fund owned by Pacific Investment Management Company (PIMCO, PIMCO), said that the valuations of Internet platform companies such as Alibaba and Tencent Holdings have fallen to historic lows after years of regulatory and rectification, and stock prices are already very attractive. The fund holds shares in China Construction Bank, Bank of China, and CNPC. “From a value perspective, China currently looks very attractive. Some stocks, like Indian stocks, are very expensive in comparison.” he said.
PIMCO旗下量化基金转向中资科技股，称大跌之后估值诱人
PIMCO's quantitative fund turned to Chinese technology stocks, saying valuations were attractive after the sharp decline
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