UBS sees stocks to rise 15-20%
By Lydia Chen |
January 18, 2011, Tuesday
|
Print Edition
Print Edition
UBS Securities' analysts forecast the benchmark Shanghai Composite Index to rise 15-20 percent this year, and they recommend investors to follow real estate developers which they see may be the most profitable investment.
But investors should be cautious about what they are buying because the number of shares that are expected to rise this year will be much fewer than in 2010, Chen Li, executive director for equities research of UBS, told a forum yesterday.
Real estate firms, despite a possible property tax to curb asset bubbles, are still the most sensible investment on the mainland market as they will frequently surprise investors with "unexpected profits," Chen said.
"Property sales and prices will rise this year, which makes buying real estate developers ideal given their share prices are relatively low after they have fallen for nearly a year," Chen explained.
But investors should be cautious about what they are buying because the number of shares that are expected to rise this year will be much fewer than in 2010, Chen Li, executive director for equities research of UBS, told a forum yesterday.
Real estate firms, despite a possible property tax to curb asset bubbles, are still the most sensible investment on the mainland market as they will frequently surprise investors with "unexpected profits," Chen said.
"Property sales and prices will rise this year, which makes buying real estate developers ideal given their share prices are relatively low after they have fallen for nearly a year," Chen explained.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
