JP Morgan: Hong Kong stocks' valuations remain the lowest in Asia-Pacific, and the upward trend is expected to continue into next year
JP Morgan recently stated that the current valuation of Hong Kong stocks is still relatively low, and there are multiple favorable factors supporting it. It is expected that the current rally in the Hong Kong stock market will continue into next year. The report shows that the Hong Kong stock market is currently still below the average price-to-earnings ratio of 16 times over the past 10 years, making it the cheapest stock market in the Asia-Pacific region, excluding ASEAN
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