May 12, 2010

Templeton: Chinese Stock Market Has Reached Its Bottom For The Year

“The market has reached its bottom this year and is poised for a rebound. Recent declines are overdone and further tightening measures such as interest-rate increases are already priced in.”

Xu Lirong, Franklin Templeton Sealand Fund Management Co, Shanghai

Related stocks and ETF`s: Morgan Stanley China A Share Fund, Inc. (Public, NYSE:CAF), iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI), PowerShares Gld Drg Haltr USX China(ETF) (Public, NYSE:PGJ), Aluminum Corp. of China Limited (ADR) (Public, NYSE:ACH), China Mobile Ltd. (ADR) (Public, NYSE:CHL)

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