UBS GWM remains neutral on China equities and bonds

26 September 2019 | 1 minute read

UBS Global Wealth Management is maintaining a neutral stance on China equities and bonds as economic growth has not stabilised and there exist no clear signs of a near-term trade resolution. “The valuation of MSCI China A index is 0.4 standard deviations below the five-year average,” the bank pointed out. “Although policy-put is still in place, valuation re-rating requires stabilisation…

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