UBS adds Kuaishou, Meituan to China focus list, lifts Alibaba and Ping An weightin By Investing.com
UBS added Kuaishou (HK:1024) and Meituan (HK:3690) to its China Global Equity Focus List, giving Kuaishou a 3% portfolio weighting and initiating Meituan at 2%. UBS increased weights for Alibaba and Ping An, plus WuXi AppTec and Xiaomi, and removed China Merchants Bank, China Mobile and Jiangsu Hengrui. UBS cited constructive views on Chinese equities tied to AI adoption and supportive policy.