Anti-government protesters hold a lunchtime rally in Central. Photo: David Wong

Hong Kong stocks post worst weekly performance in three months as protests turn more chaotic and violent

  • Hang Seng Index fell 4.8 per cent this week in the biggest weekly decline since August
  • BeiGene soared after saying the US drug agency gave accelerated approval to its blood cancer drug
Topic |   China stock market

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Anti-government protesters hold a lunchtime rally in Central. Photo: David Wong
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US-China trade tariffs remain a key uncertainty which will determine the speed and size of the earnings recovery, according to UBS. Photo: Reuters

UBS: Investors should prepare for ‘low returns’ in 2020 as US-China trade war uncertainty weighs on growth

  • Growth likely to pick up in second half of 2020, according to UBS Asia-Pacific strategist Niall MacLeod
  • Equity valuations gains are likely to be capped at ‘modest’ 7 per cent, MacLeod says
Topic |   Investing

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US-China trade tariffs remain a key uncertainty which will determine the speed and size of the earnings recovery, according to UBS. Photo: Reuters
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