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UBS GWM: Positive on A-shares despite disappointing Q3 earnings

Despite a disappointing Q3 earnings season for the onshore Chinese equity market, UBS Global Wealth Management is still positive on A-shares and expects EPS growth to pick up going forward. “3Q earnings growth fell to 5% YoY, the weakest quarterly growth in two years. Still, we think EPS growth should be sustained at a single-digit pace in 4Q and next…

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