“There’s a 4% yield gap that I think is very attractive,” she said, recommending sectors including banks, utilities and energy.
Chinese stock investors should “stay on the defensive side” as consumption remains weak and volatility is expected to rise with higher tariffs by Donald Trump on the horizon, according to UBS Global Wealth Management.
Investors should seek out stocks that “offer decent dividend yields above 6%, compared to 2% government yields,” Eva Lee, head of Greater China equities at the wealth manager, said in a Bloomberg Television interview.
