UBS survey: more than 80% of Chinese investors surveyed are optimistic about the local economy in the coming year

　　China News Service, Shanghai, August 4 (Reporter Jiang Yu) UBS's quarterly investor sentiment survey released on the 4th shows that 81% of mainland Chinese investors are optimistic about the local economy in the next 12 months, higher than the global The average is 51%.

　　At the same time, the proportion of mainland Chinese investors who are confident in the local stock market in the next six months is as high as 82%.

The global average is 50%.

　　The survey covers more than 2,800 investors and more than 1,100 entrepreneurs in 14 markets around the world.

　　According to a UBS survey, investors surveyed in mainland China are most optimistic about the longer-term investment themes of the local market, energy security and 5G.

And the new crown epidemic, network security and rising medical costs are their main concerns at the moment.

In addition, 89% of the entrepreneurs surveyed in mainland China expressed optimism about their business.

　　Six in 10 investors in the Asia-Pacific region are confident in the stock market and the economy, and they are interested in longer-term investment themes such as energy security and smart mobility, the survey showed.

In the U.S., short-term investor optimism about the economy and the stock market fell to 39% and 37%, respectively, from 58% in May.

Short-term optimism among Latin American investors is better than in the U.S., with more than half of respondents feeling optimistic about the region's economy and stock markets.

Compared to May, European investor optimism about the stock market and the economy fell by 10 and 15 percentage points, respectively.

　　Iqbal Khan, President of UBS Europe, Middle East and Africa and Co-President of UBS Wealth Management, said: “Investors around the world are concerned about rising inflation, regional conflicts and a possible economic recession. In these challenging times, investors should continue to seek out experts guidance and perspectives to understand the context and potential opportunities to support its need for mobility, longevity and heritage.” (End)