洪灝｜展望2021：价值王者归来（Value Strikes Back）

这是我们20201120的报告《洪灝｜展望2021：价值王者归来》的英文原版。感谢阅读。-----------------------------------------------
We continue to advocate value investing in 2021.China’s value sectors have started to outperform since our 2H20 outlook report in June. But what on earth is “value”? It is confusing, as value is a relative term defined when compared with growth and price – unlike the GICS sector with an absolute d ( 点击阅读全文 )

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