China oil stocks seen as expensive
Citi energy analyst Graham Cunningham, who regains top spot in Asiamoney’s Brokers Poll, notes that Chinese oil companies are trading at a premium to global peers but says they ought to be viewed as China index stocks.
After five years in Hong Kong preceded by eight years in Taiwan, Graham Cunningham, Citi’s regional energy analyst, would find it difficult to return to his native Canada.
“I like the activity here in Hong Kong,” he reflects. “I don’t think I could go back, it would be
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