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Rally in shares of Singapore banks overdone
Published Tue, Nov 29, 2016 · 09:50 PM
Hong Kong
SINGAPORE'S banks have come too far, too fast.
DBS Group, Oversea-Chinese Banking Corp and United Overseas Bank have joined a global sector upturn. By historical standards, the three still look cheap. But the lenders are badly exposed as bad debt risks rise across the region.
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