Warburg Pincus Says China Is Starting to Look ‘Quite Attractive’

Warburg Pincus’s chief executive officer said China is beginning to look “quite attractive” for deals after valuation resets, presenting an opportunity as competitors pull away.

While US equities have seen strong gains in the past few years, “China’s stock market was nearly flat over the past decade despite substantial economic growth,” Jeffrey Perlman, CEO of the New York-based investment firm, said at a media briefing in Tokyo on Thursday.

Perlman was elaborating on a point he made at a forum this week in Hong Kong about how companies in China are attractive in valuation. “You can buy businesses ...