UBS analyst Wang Zonghao: Remains optimistic about H shares and the overall Chinese stock market.
Wang Zonghao, Head of Equity Strategy Research at UBS Investment Bank, believes that the Hong Kong market will face certain pressures in the short term as competition in the food delivery and other industries may lead to downward revisions in profit forecasts. However, with the momentum of "anti-insularity" rising and policy changes brewing, compared to the attractiveness of other domestic assets and global stock markets, it will continue to attract inflows of funds from both the southward and international directions, maintaining an optimistic view on H-shares and the overall Chinese stock market.
Latest