"Analysis Report" from UBS: Bullish on Chinese stock market next year, favoring internet stocks, recommending 20 "high-quality market leaders" stocks.

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2023.11.20 07:47
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The outlook for the Chinese stock market next year is optimistic. UBS predicts that China's economic growth will slow to 4.4% next year, but factors such as low stock market valuations, low investor positions, accelerated policy support, and improved profit momentum will drive the Chinese stock market to rise. UBS also points out that the global environment is favorable for reasonable performance of the Chinese stock market. UBS recommends 20 high-quality market leaders' stocks, including internet companies Tencent, Alibaba, and CLOUD MUSIC. The target for the MSCI China Index next year is projected to be 68 points, with a potential upside of 15%. In addition, UBS also mentions the growth potential of other industries such as education, sports equipment, and food and beverages.