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Seek value in HK traditional sectors: Maybank KE

Most new economy stocks now trading at very high P/E ratios after recent rally

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Maybank Kim Eng's portfolio strategist Sonija Li said that most of Hong Kong's new economy stocks are "quite high in terms of their valuations".

Singapore

THE pandemic-driven rally had sent share prices of Hong Kong's new economy stocks soaring but it may be time for investors to seek value in traditional sectors including finance, consumer and Macau gaming as the Covid-19 virus comes under control, according to Maybank Kim Eng's...

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