UBS: Optimistic about the Chinese stock market and the RMB next year.

UBS Global Research indicates optimism for the performance of China's stock market and the renminbi in emerging markets next year. UBS stated that increased confidence, decreasing real interest rates, and a rebound in credit growth have created space for further easing policies by emerging market central banks. It is anticipated that the global economy will accelerate in 2026, with improved confidence among businesses and consumers, and major economies introducing new fiscal stimulus measures.