UBS cuts forecast for China stocks amid potential US tariffs and weak stimulus

UBS Global Wealth Management, the world’s largest wealth manager with US$6.2 trillion in assets under management, has cut its forecast for Chinese equities due to rising concerns over potential US tariffs and a disappointing domestic stimulus-response. The Swiss institution revised its mid-2025 target for the MSCI China Index, which tracks approximately 700 onshore and overseas […]