Live Breaking News & Updates on Asia Stock Laggards China

Publishing date: Jul 16, 2021  •  4 hours ago  •  3 minute read  • 
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(Bloomberg) Asia’s two biggest economies are showing some signs of getting to grips with problems that weighed on their financial markets in the first half of the year, and that may bode well for their equities.
That’s the view of UBS Global Wealth Management and Aberdeen Standard Investments Ltd., which cite encouraging earnings growth in China and a pickup in vaccination rates in Japan among reasons for their optimism. Japanese equities are the most preferred asset class in UBS Global’s universe, due to attractive valuations and expectations for a rebound in consumer spending. ....

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