Threadneedle favours Chinese banks, amid 'IPO fatigue'

Chinese banks look like a good investment bet, as do the country's consumption and cement stocks and South Korean and Taiwanese technology companies, says Gigi Chan, Asia-Pacific equity fund manager at Threadneedle Investments. Meanwhile, risk aversion and negative sentiment continues to manifest itself in the form of underperforming IPOs. Chinese consumption stocks -- such as Tencent and Ports Design -- are attractive, says London-based Chan, as they seem to have very robust earning…