1398.HK ICBC

my financial advisor asked me to buy 10000 shares of 1398.HK, since he said it is undervalued and China will surpass US, is it true, what does undervalue mean??

The advise from your financial advisor is too general. There are not only one china bank. 1398.HK is only one of them. Why your advisor pick 1398.HK instead of the others. As you can see recently, 939.HK outperforms 1398.HK. I think you should do more homework and try to find out which sector and which one from this sector is really good.

Undervalue mean the actual value of the stock is greater than the stock price.

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