Guardian.co.uk, 22 Apr 2009, Reuters
SINGAPORE, April 22 (Reuters) - Investors have shunned Singapore-listed Chinese firms after a series of corporate scandals, but the indiscriminate selling has thrown up some cheap gems that offer exposure to the world's fastest-growing major economy.
A lack of trust in published accounts for Chinese firms in Singapore has sent valuations of their stocks, known colloquially as S-chips, plunging to low-single-digit price-earnings multiples even for relatively sound companies that pay regular dividends.
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