Asia Pacific equity undervalued:Eastpring Investment

Astro AWANI
Astro AWANI
  • 6 years ago
Eastspring Investments Chief Investment Officer, Chen Fan Fai said that the equity market in Asia-Pacific "looks very cheap" compared with the United States and Europe based on the price-earnings ratio and price-to-book valuation. However, he cautioned that cheap valuation does not equate to a buy but rather a "good starting point" to conduct evaluation.

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