BlackRock: Chinese Stocks' Rally to Continue Into 2021

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Dec.17 -- Thomas Taw, head of APAC iShares Investment Strategy at BlackRock Inc., discusses the outlook for global markets and the opportunities he sees. He speaks with Haidi Stoud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
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I dont understand why some of the mainland companies listed in HK are getting the current valuations. There are companies with ridiculously low pe multiple. You can see some companies with x3, or x5, and they are good blue chip companies. The main issues with them are they are state owned companies and the only explanation for their low valuation is the political risk.

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And china didn't purposely make covid

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