UBS cuts China stock forecast amid Trump tariff threat, weak stimulus

Quick Summary:

Swiss money manager cuts mid-2025 and end-2025 targets for MSCI China Index because of tariff uncertainties and disappointing stimulus.

Trump has reportedly picked two China hawks, Marco Rubio and Mike Waltz, as his secretary of state and national security adviser, respectively.

Chinese stocks have lost momentum recently.

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Article Details

Author / Journalist: Cao Li

Category: Business

Markets: Hong KongChina

Topics: China Msci Stocks Cent Chinese Global Stimulus Target Additional Wealth Management

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 19:30:09 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 248 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23552464

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Official Website: scmp.com

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