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UBS: opportunities lie in Asia’s domestic-driven sectors

UBS Wealth Management is advising investors to bring in the new year by concentrating on companies whose earnings are domestic-driven, including those in the technology and healthcare sectors, instead of exported-oriented or rates-sensitive companies in Asia. While new economies are typically more expensive and have a higher P/E ratio than old economies, Louisa Fok, executive director, chief investment office, UBS…

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