Dear readers, over at Singapore, the Price-to-Earnings ratio of the top three Banks in DBS, OCBC and UOB are in the range of 10.4 to 10.8. For China’s top three bank stocks, the Price-to-Earnings ratio of Industrial and Commercial Bank of China stock, China Construction Bank stock and Bank of China stock are 6.89, 6.87 and 5.86 respectively. Seen in this light, China bank stocks are cheaper than Singapore bank stocks, but always do a due diligence before investing in overseas stocks which you may not really understand.
For Year 2020, SG Stocks Investing is reaching out to share the insights of international stocks beside just focusing on Singapore stocks. I will first begin with China stocks and I will add my insights on other overseas stocks gradually. So keep a look out and I hope you will enjoy this increased coverage of SG Stocks Investing!
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