Singapore Stock Market News

Equities: transition is painful

StockFanatic
Publish date: Mon, 01 Jul 2013, 11:31 AM
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Asia Pacific EQUITY STRATEGY

The global debt unwind has paused but is not over. Despite savage corrections, ASEAN markets and those with weaker fundamentals (India) still face elevated risk of capital outflows in 2H13. However, a trend rotation towards North Asia remains at this stage, limited by a weak growth outlook and rising risk of a policy mistake (China).

China ex financials still not "cheap" enough?
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