UBS has upgraded its rating on China and Hong Kong stocks to overweight, citing resilient corporate earnings despite ongoing concerns about China's real estate and macroeconomic challenges. This bullish stance comes as the MSCI China Index shows signs of recovery from a multi-year slump, attributed to improvements in the economy and corporate performance. Notably, the same UBS analyst who previously issued a sell rating on Evergrande before its collapse is now expressing a positive outlook on the sector.
The UBS analyst who shocked markets with a sell rating on Evergrande — before it became the poster child for China's property collapse — is turning bullish on the sector https://t.co/MqwMPtHyBt
The UBS analyst who shocked markets with a sell rating on Evergrande — before it became the poster child for China's property collapse — is turning bullish on the sector https://t.co/FWwRu9sZqz
The UBS analyst who shocked markets with a sell rating on Evergrande — before it became the poster child for China's property collapse — is turning bullish on the sector https://t.co/aTLcTvFaEA
UBS makes bullish call on Chinese stocks https://t.co/yEGurPhkJ3
UBS’s bullish call for the MSCI China Index arrives at a pivotal time. Shares had been emerging from a multi-year slump, thanks to green shoots in the economy as well as signs of improving corporate performance. https://t.co/UOpk2F87Xj
#UBS upgraded #China, #HK equities to Overweight, citing resilient corporate earnings despite concerns over China's real estate, macro economy. https://t.co/haGgRmRP6L
UBS lifted China and Hong Kong stocks to overweight, citing resilient earnings despite the nation’s property and macro worries https://t.co/tWnxA4kGTh