Asia-Pacific's equity market valuation very cheap: Eastspring Investment


KUALA LUMPUR: Investors should be refocusing on the Asia-Pacific equity market as it is sustaining itself at a relatively stable growth rate of 6% coupled with very low valuations, according to Eastspring Investments Bhd.

Chief investment officer Chen Fan Fai said based on price-to-sales ratios, prices had been running ahead of sales numbers in developed markets.

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