Schroders writes about value investing in China and mentions Chinese distiller Kweichow Moutai and Russian utilities like Inter RAO as examples working in the past.
Links:
Schroders articles:
http://www.schroders.com/en/uk/the-value-perspective/blog/all-blogs/a-value-strategy-works-in-emerging-markets-as-much-as-developed-ones/
http://www.schroders.com/en/uk/the-value-perspective/blog/all-blogs/why-whole-sectors-being-tarred-with-the-same-brush-is-good-news-for-value-investing/
Interesting statement from 2nd article:
"...Regular visitors to The Value Perspective will be well aware of our view
that some parts of the stockmarket – particularly the supposedly
stable, low-volatility, ‘safe-haven’ sectors, such as food, beverages
and tobacco – are historically very expensive while others, such as
financials and mining, remain historically cheap...."
Company info on FT:
Kweichow Moutai: https://markets.ft.com/data/equities/tearsheet/summary?s=600519:SHH
Inter RAO: https://markets.ft.com/data/equities/tearsheet/summary?s=IRAO:MCX
