I invested HK$12.8 million (S$2.1 million) in China stocks listed in Hong Kong.
The average PE ratio is 5.78 and the dividend yield is 10.87%.The prices in Hong Kong are about 30% lower than the same stocks quoted in Shanghai.
At the current prices, these stocks should a loss of S$128,000. I expect to see the prices recover in the near future, with the re-opening of the economy of China.
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