Chinese stocks set for high single-digit returns by end-2024- UBS By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2024
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Source: Investing.com
UBS Outlook on Chinese Stocks: UBS analysts predict high-single-digit returns for Chinese stocks by the end of 2024, driven by improved earnings recovery and property market support, particularly favoring the MSCI China index.
Investment Strategy Recommendations: UBS advises a "barbell approach" focusing on both defensive and growth sectors, with specific stock recommendations including Alibaba, JD.com, and Tencent, despite recent losses in major Chinese indexes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
