The 4 stocks to buy if U.S.-China geopolitical fears continue to rise: UBS

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

UBS expects geopolitical tensions between China and the U.S. to heighten further — and it says some Chinese stocks are set to benefit.

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Gun guns jets jets cyber cyber

Better don't buy any US stocks if that happen.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Chinese companies and founders rush to calm investors after SVB collapse | CNN BusinessThe collapse of Silicon Valley Bank (SVB), which courted Chinese start-ups, has caused widespread concern in China, where a string of founders and companies rushed to appease investors by saying their exposure was insignificant or nonexistent. Why? The Chinese government routinely rescue insolvent banks and bankrupt property companies.
Источник: CNN - 🏆 4. / 95 Прочитайте больше »