Asia’s stock markets have already got off to a flying start in 2007. Although most investor attention seems to be focused on mainland China and Vietnam, where analysts are beginning to sound cautious on valuations, other exchanges have also performed strongly.
There appears to be mounting evidence to support higher valuations for most Asian markets, according to Lehman Brothers’ senior economist in Asia, Rob Subbaraman. “We believe conditions are set for Asia ex-Japan to become new engines of growth,” he says.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access