Mark Mobius may be the most well known emerging stock market investor.

The Chinese market went parabolic a couple of months ago (up 50%) and Mobius was asked if it is too late to get in.

He thinks it depends on the valuation of the company you are looking at. He notes that the discount in the “H” shares to the “A” shares is wide in many cases, which means one has to come down and the other go up.

His view is that China is in a long-term bull market.

Guru Mark Mobius Likes State-Owned Chinese Banks

Guru Mark Mobius Likes State-Owned Chinese Banks [VIDEO]