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Investors that stay the course on China tech will be “rewarded”: UBS GWM

Investors willing to stay the course on China’s technology sector will be “rewarded” as the regulatory overhang on these companies is already priced in, according to the chief investment office of UBS Global Wealth Management. The “majority of the adverse regulatory impact” has been factored into near-term valuations of Chinese technology firms, the UBS GWM CIO said on Wednesday. “Patient…

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