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Claymore/AlphaShares China Real Estate Message Board

  • bubbapug1 bubbapug1 Feb 12, 2008 1:04 PM Flag

    tao PE

    Tao's underlying securities trade at an average PE of 20. This is not a pure real estate ETF, its a property management ETF, a real estate development ETF, and an infrastructure ETF...all in one. While Hng Kong realestate values seem high, they may just be a bargain based on the pressure a growing mainland will place on them. The companies in this etf also develop properties in mainland china...so its not exclusivally a hong kong etf.

 
TAO
19.40-0.51(-2.56%)Aug 28 4:00 PMEDT