Asian stock markets seen almost 30% undervalued
Credit Suisse has raised its 12-month target for the MSCI Asia ex-Japan index by a full 100 points to factor in expected earnings growth next year. In particular it favours stock markets in South Korea and Indonesia.
Credit Suisse has raised its 12-month target for the MSCI Asia ex-Japan index by a full 100 points on the understanding that regional equity markets are still undervalued.
The Swiss bank upgraded its target for the index to 600 points, from 500 points previously, it revealed at a media
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