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China remains wealth creation hub: UBS chairman
"China continues to be the world's second-largest economy and a wealth creation hub, and is a key market for UBS," UBS Chairman Colm Kelleher said on Tuesday.
January10,2024
UBS considers increasing capital of securities JV
UBS AG is considering increasing the capital of its securities joint venture (JV) in China, Monday announced David Chin, head of its Corporate Client Services, APAC, on the 19th UBS Greater China Conference in Shanghai.
January08,2019
UBS predicts China will export 5 million vehicles this year
According to CAAM, last year, China reaffirmed its position as the world’s leading automotive exporter with 4.4 million units, surpassing Japan’s 3.0 million and marking a 58% increase over 2022. Developing countries were the main buyers
January11,2024
UBS raises China 2018 GDP growth forecast
Swiss bank UBS has upgraded its forecast on China's 2018 gross domestic product (GDP) growth, citing stronger momentum of the global economy and growth in China's exports.
February05,2018
China releases local gov'nt bond issuance rules
China's Ministry of Finance (MOF) issued on December 17 a circular unveiling the administrative rules for local government bond (LGB) issuance, effective as of January 1, 2021, reported Xinhua Finance, a Xinhua-run financial information platform.
December21,2020
China local gov'nt bond issues reach RMB437.9 bln in Feb.
Chinese local governments auctioned in total 437.9 billion yuan of bonds last month, according to an announcement posted on website of the Ministry of Finance Tuesday.
March04,2020
【Financial Str. Release】China issues RMB4.9872 trln local gov’nt bonds in the first seven months
Local government bond issues from January to July of this year stood at 4.9872 trillion yuan in China, reported Xinhua Finance citing data released by the Ministry of Finance on Tuesday.
August30,2023
China's December economic activity holds steady: UBS
Swiss global financial services company UBS expects China's December data will show steady economic activity, while GDP growth in the fourth quarter will slow slightly.
January04,2018
China approves UBS to gain control of securities JV
China's securities regulator has approved UBS AG's plan to gain a majority stake in its mainland securities joint venture (JV).
December03,2018
China's duty-free market expected to hit RMB 117 bln by 2025: UBS
The annual compound growth rate of China's duty-free market should reach 24 percent during the 2021-2025 period, with per capita consumption maintaining at an annual increase of about 5 to 10 percent, reported Shanghai Securities News on Thursday.
January13,2023
Chinese market to become significant growth point of UBS global business: UBS Securities
The CEO of UBS Group AG has made it clear that in the foreseeable future, China will become the company's most critical growth point in the global context, said Eugene Qian, chairman of UBS Securities Co., Ltd. in a recent interview, reported Shanghai Securities News on Friday.
January21,2022
China's January consumer inflation likely to pick up: UBS
China's consumer inflation is likely to pick up in January because of higher food prices driven by strong demand before the Lunar New Year holiday, UBS analyst Wang Tao forecast.
February10,2020
UBS raises China 2016 GDP growth forecast
Swiss bank UBS has upgraded China's gross domestic product (GDP) growth forecast in 2016, citing encouraging new economic indicators and loose credit and fiscal policy support.
April18,2016
China's online extracurricular education market to expand significantly: UBS
China's online extracurricular education market is expected to have grown markedly by 2025, a report from UBS said.
July30,2018
China's gov'nt bonds deemed as a safe harbor for global investors
China's government bonds and policy bank bonds turned out a popular choice for foreign investors after their inclusion into the Bloomberg Barclays Global Aggregate Index, reported Shanghai Securities News Wednesday.
May08,2019
UBS maintains Chinese yuan forecast amid coronavirus outbreak
Global investment bank UBS, despite the shock of the coronavirus, maintained its forecast of yuan-dollar rate at 7 yuan per U.S. dollar for end-2020.
February04,2020
China box office to grow 12 pct annually: UBS
China's movie box office revenue is estimated to grow at an average annual rate of 12 percent between 2017 and 2020, boosted mainly by increases in the number of movie screens, UBS Securities said Tuesday.
January24,2018
China's supply-side reform to help sustain growth: UBS
China's supply-side reform will unlock new sources of growth to help the economy fend off downward pressures amid a fading global economic recovery, Swiss bank UBS said.
May06,2016
【Financial Str. Release】China local gov'nt bond issues expected to top RMB1 trln in Aug.
Chinese local governments are likely to speed up their bond issuance paces as their planned local government bond (LGB) issues in August have exceeded one trillion yuan, reported Xinhua-run Xinhua Finance Tuesday.
August03,2021
UBS reports huge wealth generated by China, warns against trade tensions
Swiss investment bank UBS recognized China's increasing role in wealth generation due to rigorous innovation and entrepreneurship in its 2018 annual Billionaires Insights report released on Friday.
October29,2018
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