Chinese consumers are getting richer. UBS picks the stocks to cash in

China's rich young people and wealthy older consumers present a raft of new opportunities for investors —especially in the tech and health care sectors, according to analysts atThe investment firm picked a number of stocks that tap into the current and future needs of each generation, and said the over-60s have "unprecedented wealth," in a research note published this month.

Meanwhile, well-educated younger people have more money than their peers in other countries and are behind a boost in spending on tech platforms.

Pro A Call to Protect People and Nature! Thread to watch/read:

Pro No shit. Straight from our pockets.

Pro jakestouter China 🇨🇳

Pro horrible

Pro 'The rising dragon and the fall of Babylon'

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MIDEAST STOCKS Major Gulf stocks little changed, Dubai nudges higherMajor stock markets in the Gulf were little changed in early trade on Sunday, with expectations of economic recovery nudging Dubai higher again after the index snapped an eight-session winning streak at the end of last week.
Source: Reuters - 🏆 2. / 97 Read more »

MIDEAST STOCKS Major Gulf stocks mixed; UAE, Saudi set for monthly gainMajor Gulf stock markets were mixed in early trade on Monday, with indexes in the United Arab Emirates and Saudi Arabia set for monthly gains amid rising oil prices and signs of economic recovery.
Source: Reuters - 🏆 2. / 97 Read more »