Asian share price valuations in question
Macquarie believes strong liquidity conditions are stretching Asian equity valuations while others still see a buying opportunity.
Asian stock markets have generally continued to perform well despite predictions of a correction in the third quarter of this year. This has led some fund managers and analysts to turn more optimistic about the region in the near-term while others, such as Macquarie, believe that the global economic recovery has already been priced into Asian stock valuations.
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