Franklin Templeton Investments: Valuation of Chinese A/H shares still reasonable, internet giants especially worth paying attention to.

The Franklin Templeton Investments Global Stock Fund manager and others recently stated that the company has a "constructive" attitude towards the stock markets in Hong Kong and mainland China because valuations are still reasonable and the Chinese government has implemented supportive policies. At the same time, with the easing of trade uncertainty, the predictability of Chinese company profits has also improved. Zhuo Zhaoyuan also mentioned that the market P/E ratios of internet giants like Tencent are reasonable and still worth investors' attention.