Vaccine hopes fuelling high Asia equity valuations; future returns doubtful

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The MSCI Asia Pacific ex-Japan Index is trading at about 16 times estimated profits for the next 12 months, a level unseen since the years surrounding the global financial crisis

The MSCI Asia Pacific ex-Japan Index is trading at about 16 times estimated profits for the next 12 months, a level unseen since the years surrounding the global financial crisis https://ift.tt/33an6eI November 24, 2020 at 10:09AM

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