UBS GWM increases China credit positions

12 December 2019 | 1 minute read

UBS Global Wealth Management has further increased its overweight positions on China credit, due to tightening credit spreads and supportive policies in the country “2019 has been a good year for Chinese equities and onshore high yield enterprise bonds,” the bank said. “We took equity risks (vs. bonds) in the first five months of the year, and then focused more…

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