Positive Outlook for Chinese Companies' Earnings Following Economic Rebound, According to UBS
Wednesday, 8 May 2024, 06:53
UBS Forecasts Increased Profits for Chinese Companies
UBS strategist Meng Lei predicts a boost in earnings for Chinese companies as the economy shows signs of improvement after a decline in three quarters. The stabilization of property activity and the recovery of inflation are expected to drive growth in household income and consumer spending.
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