After a strong year for Asia ex-Japan equities, Goldman Sachs has revised up its 2018 MXAPJ target, from 565 to 620, underpinned by solid earnings growth and attractive valuations for the region’s equities. Asia ex-Japan equities have seen a “stellar” year in 2017, with the MXAPJ index recording a 30% total return year-to-date. “The 30% price return is mostly fundamentally…
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