UBS and Credit Suisse are saying Chinese internet stocks will be a good buy for investors.
Although Chinese internet companies have seen their stocks stumble, two global investment banks say the sector appears to be a solid bet.
UBS Global Wealth Management says, meanwhile, that Chinese internet companies offered "solid share buyback prospects" and have high cash flows. "Internet is essentially a structural growth story in China. We don't see it changing anytime soon," Woods told CNBC on Tuesday. "It sold off aggressively ... from mid-April. So we feel there's upside in that particular sector."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Deutsche tries cherry-picking rivals’ overhaulsCiti set up a far bigger bad bank. UBS and Morgan Stanley set the standard for retooling fixed-income trading. And Barclays once quit the equities business entirely. CEO Christian Sewing’s smorgasbord approach leaves options open – but also room for plenty of headaches.
Leer más »
As Stocks Surge to Records, Nervous Investors Buy Bonds, TooIndividuals are on track to purchase a majority of the U.S. government’s newly issued longer-term debt this year for the first time since the Treasury Department began publishing data.
Leer más »
Ready To Buy A Home? Understand The Impact Of Your Credit Score FirstBefore you rush to buy a home, you will be glad you took the time to improve your credit score first. If not, you will be paying a lot more for your home than you have to.
Leer más »
That 'Stranger Things' End Credits Scene Opens Up A Whole New Can O' WormsAfter the credits begin on 'Stranger Things' season 3, we suddenly take a trip to Russia. What does it all mean for season 4?
Leer más »
Best Small Business Credit Cards Offers (Up to $1000 in Rewards)The best small business credit cards come with many perks and hefty bonuses up to $1,000. However, comparing the best business credit card offers is hard, there are a lot of business credit cards to choose from. Personally, I carry the Ink Preferred since it's the best Chase Business credit card.
Leer más »
A brief history—and future—of credit scoresThey can transform an economy. But they are only as robust as the data underlying them
Leer más »