Asian valuations near global financial crisis lows: Credit Suisse

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.

One such issue …