The Union Bank of Switzerland's wealth management arm announced it would increase the weight of China's shares into its bracket, saying that China's shares valuations are appealing at present, the Securities Journal reported on Wednesday.
The UBS will increase its stock holdings in areas of online video games and education, where it thought the government's regulations would be favorable. Besides, consumer goods, IT and medical companies were prominent for investing in as well, it added.
UBS said currently it is an opportunity to invest in China's stock market especially for those looking for long-term returns following the recent Chinese government's policies adjustments.
The government's policies would prop up further growth in China's economy and stock markets, UBS said, and although they had not been fully absorbed by the market, they would inevitably shore up investors' confidence in China's stock market.
"The US economy will likely slow down a bit in 2019, but the emerging market is projected to perform well," said Zhang Yu, a vice manager from UBS China, "Chinese stocks outperformed the government and corporate bonds in terms of valuations."
"China's systematic risks are fading away, and we are optimistic about China's fixed income investment as global index providers include more Chinese bonds into their flagship indices," said a senior manager from the UBS.
The UBS will increase its stock holdings in areas of online video games and education, where it thought the government's regulations would be favorable. Besides, consumer goods, IT and medical companies were prominent for investing in as well, it added.
UBS said currently it is an opportunity to invest in China's stock market especially for those looking for long-term returns following the recent Chinese government's policies adjustments.
The government's policies would prop up further growth in China's economy and stock markets, UBS said, and although they had not been fully absorbed by the market, they would inevitably shore up investors' confidence in China's stock market.
"The US economy will likely slow down a bit in 2019, but the emerging market is projected to perform well," said Zhang Yu, a vice manager from UBS China, "Chinese stocks outperformed the government and corporate bonds in terms of valuations."
"China's systematic risks are fading away, and we are optimistic about China's fixed income investment as global index providers include more Chinese bonds into their flagship indices," said a senior manager from the UBS.
Latest comments