Financials Jun 28, 2022 01:09 PM (GMT+8) · EqualOcean
The office of chief investment officer of wealth management (CIO) of UBS issued a report pointing out that the profit prospects of Asian stock markets are resilient and optimistic about the new economic sector in the medium and long term. In terms of Asia's new economy sector, Asia's scientific and technological transformation is still in the early stage of development. The penetration rate in key industries will rise steadily. In addition, the management is increasingly concerned about profitability. It is expected that the compound annual growth rate of the sector will reach 16% from 2022 to 2024, far exceeding the growth rate of 6% of the MSCI index of all Asian countries.