Asian valuations near global financial crisis lows: Credit Suisse
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Singapore
VALUATIONS across Asia excluding Japan are back at price to book lows during the China crash of Aug 24, and just 4 per cent from the low during the global financial crisis, said Credit Suisse analysts in a Sept 29 report.
The report did not make any recommendations on the markets, but pointed out some facts to address issues investors have been asking about.
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