Chinanews.com, Hong Kong, November 26 (Reporter Wang Jiacheng) The "2022 Outlook Report" published by the global wealth management company UBS predicts that next year's overall economic growth will slow down but still remain stable, and Asia's GDP growth is expected to be 5.8 in 2022. %.
UBS Hong Kong held a press conference on the 25th to introduce the report.
According to the report, Asia’s recovery faces many challenges, but the overall environment is still conducive to risky assets.
Although inflation may continue to rise, it is still under control. It is expected that the central bank will only moderately tighten policy in the coming year.
The report pointed out that, driven by strong earnings, stocks in Asia except Japan are expected to achieve mid-double-digit growth.
In addition, Asian high-yield bonds are also expected to achieve high single-digit returns.
The report also pointed out that as the unfavorable factors gradually recede, the worst moment of Chinese stocks may have passed.
For investors with a long-term perspective, opportunities in China's new economy industry are emerging.
The consumer durables and service sectors benefiting from the economic restart, as well as green technology and renewable energy-related stocks with policy support, also have investment potential.
Chen Minlan, Chief Investment Officer and Chief Investment Officer Office of UBS Asia Pacific, said that looking forward to the future, UBS has a positive view on the prospects of Asia.
The haze surrounding the financial market, including factors such as supply bottlenecks and rising energy prices, should gradually dissipate in 2022.
At the same time, the rapid advancement of vaccination should enable economies to further move towards a full restart in 2022.
In the new year, risky assets in the Asia-Pacific region will perform well. The beneficiaries of backward stock gains, economic restart, and winners under structural trends such as technological disruption and net-zero transformation will have investment opportunities (end)