UBS: We expect the global stock market to rise by about 10% by the end of the year and recommend diversifying investments into China, Japan, and Europe.

UBS Wealth Management Investment Director's office stated in the latest market perspectives that they expect global stock markets to rise by about 10% by the end of this year. The US market remains a core component of investors' stock allocations, with further potential for upward movement. However, outside of the world's largest economy, other regions also have attractiveness, such as strategic autonomy, regional fiscal expansion, and structural reforms expected to benefit various areas. China, Japan, and European markets are particularly optimistic. Specifically, the Chinese government's clear support for domestic artificial intelligence models and chip manufacturing will lay the foundation for further growth in Chinese technology stocks. Moreover, in a low interest rate environment, domestic investors seeking returns, structural benefits such as healthcare companies going global, the rise of new consumer patterns, and modernization of the grid are expected to benefit industries such as finance, healthcare, consumer goods, materials, and power equipment.