Chinese stocks are pushing record lows. The Hang Seng China Enterprises index could be bought for 1.33 times book value on Friday. The last time the finest red-chips were trading that cheaply, almost exactly three years ago, policymakers swung into action with interest rate cuts, a bank-loan binge and Rmb4,000bn of fiscal stimulus. This time, the prospect of a similar package looks remote indeed.
manbetx3.0 股市正逼近历史低点。上周五，恒生manbetx3.0 企业指数(Hang Seng China Enterprises Index)的市净率为1.33倍。上一次这些最优质的红筹股价格如此便宜，是差不多正好三年前，当时政策制定者迅速采取了一系列措施，包括降息、开启银行贷款闸门和推出4万亿元人民币的财政刺激计划。而这一次，出台类似方案的可能性十分渺茫。
您已阅读22%（567字），剩余78%（2022字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。