Emerging Stocks Rise Most in Two Months on China Property Rally – Bloomberg 02-28-13

Salient to Investors:

Jessada Sookdhis at CIMB-Principal Asset Mgmt said China is clearly recovering, especially in the property sector, while US data and Italian debt sales have bolstered sentiment in emerging markets.

The MSCI Emerging Markets Index is at 10.5 times projected 12-month earnings versus 13.8 for the MSCI World Index.

Martial Godet at BNP Paribas said the view is that QE can last longer than expected in the US, after some fears that it could be reduced later in 2013, and China is rebounding after significant underperformance.

Read the full article at http://www.bloomberg.com/news/2013-02-28/emerging-stocks-rise-most-in-four-weeks-on-china-property-rally.html

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