Chart of the Day
China Market Is Full of Large and Liquid Stocks
Chart of the Day: A review of the top 900 largest and most liquid companies in China. Even the group with zero coverage has an average USD2bn market cap and USD26m ADTO.
Read MoreKorea Offers the Most ROE for the PB You Pay
Chart of the Day: India is most expensive on PB in Asia, followed by Indonesia. However, Indonesia has higher ROE. Taiwan trades below the World PB but its ROE is slightly above.
Read MoreFinancials Haven’t Added to Return in Asia over the past 10 Years
Chart of the Day: We separated financial companies from non-financial companies in Asia ex Japan. Return has been pretty much the same. Volatility was slightly higher for Financials, and it was highly correlated.
Read MoreStrong Fundamentals in Developed Americas
Chart of the Day: Emerging Europe has been strong in the past 12 months in terms of net margin. Developed Americas has been strongest in terms of asset turnover.
Read MoreImpressive Growth in Asian Merchandise Exports
Chart of the Day: Merchandise export was slow for the past three years. In 6M17, Asia ex Japan booked a very high growth at 40% YoY vs the World of 9.5%.
Read MoreAsia ex Japan Contributes 60% of Global Merchandise Exports
Chart of the Day: Global merchandise exports at US$250bn, Asia ex Japan contributes 61% of world value. Merchandise exports are retail goods exported to foreign markets.
Read MoreRisk in Asia: India Has the Highest Gearing
Chart of the Day: India has the highest gearing measured as net debt-to-equity, followed by the Philippines. Taiwan’s low gearing is explained by its large Info Tech sector.
Read MorePhilippine and Chinese Banks Have Seen Double-Digit Loan Growth
Chart of the Day: In the past 12 months, the Philippines and China have seen double-digit net loan growth. Only Malaysian banks have seen a decrease in net loans.
Read MoreEmerging Asia Offers Cheap Valuation and Strong Earnings Growth
Chart of the Day: Emerging Asia offers the highest EPS growth and a relatively cheap valuation. Developed Pacific, which includes Hong Kong and Singapore, offers the second highest growth and attractive valuation as well.
Read MoreUS, China, Japan, and UK Are the Four Largest Markets in the World
Chart of the Day: In 2016, the four largest stock markets accounted for 63% of the world market capitalization. 2017YTD the market cap in these four stock markets have seen double-digit growth.
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