WATCH: Stock picks — China ETF and Ping An
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth & Investments talk to Business Day TV
Shapiro said: “I still like China and I still like the China fund here in SA. I think that if you’re not exposed to it’s something that you can diversify, and that’s the Chinese ETF.”
McCurrie said: “My stock is similar, I’m going for Ping An, and I know their results came out and they weren’t particularly good, they were a little bit disappointing in a couple of areas, but the share price still looks attractively valued in relation to the fundamentals.”
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