HSBC’s Evans Says Singapore Stock Valuations ’Pretty Cheap’

Jan. 10 (Bloomberg) -- Singapore’s stock-market valuations are “pretty cheap,” said Garry Evans, head of global equity strategy at HSBC Holdings Plc.

Evans has an “overweight” rating on Singapore, he told reporters in the city-state today.

To contact the reporter on this story: Kristine Aquino in Singapore at kaquino1@bloomberg.net

To contact the editor responsible for this story: Chan Tien Hin at thchan@bloomberg.net