UBS Investment Bank's research department stated that the Chinese stock market surged significantly last week. The MSCI China Index has surpassed the May high point this year, currently valued at a dynamic PE ratio of 10.6 times. The bank believes there may be greater upside potential, especially in the short term, although the future trend will largely depend on the extent of fiscal support and the implementation of various policy stimuli.

Wang Zonghao, Director of Stock Strategy Research at UBS Investment Bank, announced an upward revision of the year-end target price for the MSCI China Index to 70, 7% higher than the latest closing price, to reflect improvements in policy coordination, US rate cuts, and progress in corporate governance reforms. Continuing to adopt a leveraged strategy, but replacing some defensive stocks with selected small consumer stocks to increase the portfolio's beta.