More than a month after the People’s Bank of China (PBoC) devalued the yuan and shook global markets, short-term conditions have stabilised and Coutts recommends buying into China, Singapore and South Korea for their attractive valuations. Forward price-to-book ratios at Singapore REITs and equities are sitting at 0.8 and 1.0 times respectively. The former should find extra appeal among Asian…

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