Due to large-volume defaults, China’s offshore bond market has underperformed Asian peers. However, UBS Global Wealth Management (GWM) remains upbeat about Chinese assets, and recommended that investors see the recent drawback as entry points for quality names. In its latest report, the Swiss wealth manager’s chief investment office reiterates its bullish stance on Chinese assets, shifting offshore Chinese equities to…
Recent credit event in China offers “attractive entry points” for quality names: UBS GWM
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