|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||5.13 - 5.13|
|52-week range||4.26 - 6.57|
|Beta (5Y monthly)||1.26|
|PE ratio (TTM)||13.19|
|Forward dividend & yield||0.23 (4.42%)|
|Ex-dividend date||04 Mar 2021|
|1y target est||N/A|
(Bloomberg) -- While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.Risk aversion swept the country and spread globally this week after China cracked down on private-education firms. Although reassurance from state media on Wednesday helped stem a selloff in stocks, sentiment remains fragile. The same goes for bonds. And, yet, bulls including Ashmore Group, Alpine Macro and VP Bank AG are undeterre
While Ashmore Group PLC ( LON:ASHM ) shareholders are probably generally happy, the stock hasn't had particularly good...
Fund manager Ashmore Group has bought Brazilian and Chinese local currency bonds as it remains focused on broader emerging market local debt, betting on strong performance during 2021. Brazilian markets have had a tough start to 2021, with local currency bonds selling off by around 170 basis points and the real currency sliding 7% against the dollar as concerns about politics surfaced and as the country battles the world's worst daily COVID-19 death toll. Ashmore, with assets under management of $93 billion at the end of 2020, was buying Brazilian local bonds, in part due to the belief that there was "too much political risk premium" priced in, Gustavo Medeiros, Ashmore's deputy head of research told Reuters.