GXC: China Stocks Still A Solid Play, Low-Teen P/E, Strong Chart

Core Viewpoint - Chinese stocks are currently trading at a price-to-earnings (P/E) ratio of 12.7x, which is slightly above the 20-year average according to J.P. Morgan Asset Management data [1] Summary by Relevant Sections - Valuation Metrics - The P/E ratio of 12.7x for Chinese stocks indicates a valuation that is marginally higher than the historical average over the past two decades [1] - Profit Expectations - There is an improvement in profit expectations among companies, suggesting a potential positive outlook for earnings growth in the Chinese market [1]