A-shares

A-shares not as cheap as valuations suggest

Given their poor track record in paying dividends, A-shares are not as attractive as their low valuations suggest.
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Shanghai's stock exchange 
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<div style="text-align: left;"> Shanghai's stock exchange </div>

After yet another big tumble in the A-share market, Chinese stocks look like a good trade for 2013. But appearances can be deceptive.

¬ Haymarket Media Limited. All rights reserved.

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