UBS has named a number of Chinese stocks it says have remained "resilient" during periods of heightened geopolitical tensions between the United States and China. Chinese stocks were volatile after tensions rose between the U.S. and China over alleged spy balloons shot down over North America in February. In a note to clients on March 13, the Swiss bank said that more market volatility is expected when a potential U.S. ban on investment in some Chinese sectors is announced.
According to UBS, Hong Kong-listed gas distributor China Resources Gas , solar engineering firm Zhejiang Jinggong and aviation firm China Avionics Systems were among the stocks with the lowest volatility during U.S.-China tensions. Shares in China Resources Gas and China Avionics Systems are also expected to rise by 27% and 33% over the next 12 months, according to the average price target of analysts compiled by FactSet. China Resources Gas and food processor Fujian Sunner are accessible to U.
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Better don't buy any US stocks if that happen.
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