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01-14
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cholidaja
01-14
Thank you for the best 🧡🧡🧡🧡🧡😁
cholidaja
01-14
Nice
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cholidaja
01-11
Nice job Nice Good for a day
cholidaja
2023-03-19
Good
UBS Upgrades China’s Growth Forecast as Rebound Gathers Pace
cholidaja
2023-03-19
$HSI(HSI)$
BullishBullishBullishBullishgo
cholidaja
2023-03-19
Nice job Nice Good Go to the moon
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The economic re-opening is proceeding better than forecast, with a second wave of Covid infections not materializing and little sign of supply disruption, they said. The housing market is also recovering.</p><p>The rebound will likely continue into 2024 as consumer confidence gradually improves, UBS said, lifting its growth estimate for next year to 5.2% from 4.8%. The consensus estimate in a Bloomberg survey of economists is for growth to reach 5.3% this year and 5% in 2024.</p><p>At Sunday’s opening of the National People’s Congress — the annual parliamentary gathering — Premier Li Keqiang said the government will target GDP growth of around 5% this year, a less ambitious goal than many economists had expected, and a sign that authorities will likely refrain from rolling out more fiscal and monetary stimulus.</p><p>UBS said there could be more detailed support announced for key growth engines, like infrastructure investment and consumption, once new economic leaders take office.</p><p>“We think there is room for increased policy bank lending to support infrastructure investment, a form of ‘monetary and fiscal policy coordination,’ and it’s possible some consumption supporting measures will be rolled out by more local governments later,” the economists said.</p><p>Monetary policy is likely to remain “accommodative” although there’s unlikely to be another cut to the central bank’s policy interest rates, UBS said. The People’s Bank of China is likely to keep liquidity ample by relying more on on-lending and other facilities, and it’s possible it could cut the reserve requirement ratio one more time, it said. There is also room for banks to further lower loan prime rates a bit and cut actual mortgage rates, the economists said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UBS Upgrades China’s Growth Forecast as Rebound Gathers Pace</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUBS Upgrades China’s Growth Forecast as Rebound Gathers Pace\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-06 12:00 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-06/ubs-upgrades-china-s-growth-forecast-as-rebound-gathers-pace><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS Group AG raised its forecast for China’s economic growth for this year and next, citing a stronger-than-expected recovery after Covid restrictions were dropped and an expected boost to consumer ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-06/ubs-upgrades-china-s-growth-forecast-as-rebound-gathers-pace\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","HSI":"恒生指数","000001.SH":"上证指数","HSTECH":"恒生科技指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-06/ubs-upgrades-china-s-growth-forecast-as-rebound-gathers-pace","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169873594","content_text":"UBS Group AG raised its forecast for China’s economic growth for this year and next, citing a stronger-than-expected recovery after Covid restrictions were dropped and an expected boost to consumer confidence.Gross domestic product is now projected to expand 5.4% in 2023, up from an earlier estimate of 4.9%, UBS economists including Wang Tao wrote in a note Monday. The economic re-opening is proceeding better than forecast, with a second wave of Covid infections not materializing and little sign of supply disruption, they said. The housing market is also recovering.The rebound will likely continue into 2024 as consumer confidence gradually improves, UBS said, lifting its growth estimate for next year to 5.2% from 4.8%. The consensus estimate in a Bloomberg survey of economists is for growth to reach 5.3% this year and 5% in 2024.At Sunday’s opening of the National People’s Congress — the annual parliamentary gathering — Premier Li Keqiang said the government will target GDP growth of around 5% this year, a less ambitious goal than many economists had expected, and a sign that authorities will likely refrain from rolling out more fiscal and monetary stimulus.UBS said there could be more detailed support announced for key growth engines, like infrastructure investment and consumption, once new economic leaders take office.“We think there is room for increased policy bank lending to support infrastructure investment, a form of ‘monetary and fiscal policy coordination,’ and it’s possible some consumption supporting measures will be rolled out by more local governments later,” the economists said.Monetary policy is likely to remain “accommodative” although there’s unlikely to be another cut to the central bank’s policy interest rates, UBS said. The People’s Bank of China is likely to keep liquidity ample by relying more on on-lending and other facilities, and it’s possible it could cut the reserve requirement ratio one more time, it said. There is also room for banks to further lower loan prime rates a bit and cut actual mortgage rates, the economists said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943370849,"gmtCreate":1679197876082,"gmtModify":1679200665500,"author":{"id":"4142212182570312","authorId":"4142212182570312","name":"cholidaja","avatar":"https://community-static.tradeup.com/news/62bfb44d04aa2aa9d0afc09f3207af8f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142212182570312","authorIdStr":"4142212182570312"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishgo","listText":"<a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishgo","text":"$HSI(HSI)$ BullishBullishBullishBullishgo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943370849","isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943370300,"gmtCreate":1679197291401,"gmtModify":1679200665471,"author":{"id":"4142212182570312","authorId":"4142212182570312","name":"cholidaja","avatar":"https://community-static.tradeup.com/news/62bfb44d04aa2aa9d0afc09f3207af8f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142212182570312","authorIdStr":"4142212182570312"},"themes":[],"htmlText":"Nice job Nice Good Go to the moon ","listText":"Nice job Nice Good Go to the moon ","text":"Nice job Nice Good Go to the 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$888!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262827872117040","isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262828754034688,"gmtCreate":1705201335554,"gmtModify":1705202390196,"author":{"id":"4142212182570312","authorId":"4142212182570312","name":"cholidaja","avatar":"https://community-static.tradeup.com/news/62bfb44d04aa2aa9d0afc09f3207af8f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142212182570312","authorIdStr":"4142212182570312"},"themes":[],"title":"Join Tiger with me","htmlText":"Find out more here:<a href=\"https://tigr.link/5YbveT?utm_campaign=20231208151108&utm_medium=tiger_community&shareID=c0f4f35ea6be18cb7a25cdf12d856713&invite=CCFLTZ&lang=en_US&platform=android&utm_source=invite\">Join Tiger with me</a> Open your account and make your first deposit to 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rewards!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262828754034688","isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262828433412264,"gmtCreate":1705201300871,"gmtModify":1705201305251,"author":{"id":"4142212182570312","authorId":"4142212182570312","name":"cholidaja","avatar":"https://community-static.tradeup.com/news/62bfb44d04aa2aa9d0afc09f3207af8f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142212182570312","authorIdStr":"4142212182570312"},"themes":[],"htmlText":"Thank you for the best 🧡🧡🧡🧡🧡😁","listText":"Thank you for the best 🧡🧡🧡🧡🧡😁","text":"Thank you for the best 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TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and US$888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Every time you pass a gold coin spot, grab shiny gold coins! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to get points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Act fast – it'","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and US$888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Every time you pass a gold coin spot, grab shiny gold coins! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to get points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Act fast – it'","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and US$888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Every time you pass a gold coin spot, grab shiny gold coins! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to get points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Act fast – it'","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248338644213896","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261851563585784,"gmtCreate":1704939120022,"gmtModify":1704939493706,"author":{"id":"4142212182570312","authorId":"4142212182570312","name":"cholidaja","avatar":"https://community-static.tradeup.com/news/62bfb44d04aa2aa9d0afc09f3207af8f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142212182570312","authorIdStr":"4142212182570312"},"themes":[],"htmlText":"Nice job Nice Good for a day","listText":"Nice job Nice Good for a day","text":"Nice job Nice Good for a day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261851563585784","isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943370615,"gmtCreate":1679197911038,"gmtModify":1679200665496,"author":{"id":"4142212182570312","authorId":"4142212182570312","name":"cholidaja","avatar":"https://community-static.tradeup.com/news/62bfb44d04aa2aa9d0afc09f3207af8f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142212182570312","authorIdStr":"4142212182570312"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943370615","repostId":"1169873594","repostType":2,"repost":{"id":"1169873594","kind":"news","pubTimestamp":1678075238,"share":"https://ttm.financial/m/news/1169873594?lang=&edition=fundamental","pubTime":"2023-03-06 12:00","market":"us","language":"en","title":"UBS Upgrades China’s Growth Forecast as Rebound Gathers Pace","url":"https://stock-news.laohu8.com/highlight/detail?id=1169873594","media":"Bloomberg","summary":"UBS Group AG raised its forecast for China’s economic growth for this year and next, citing a strong","content":"<html><head></head><body><p>UBS Group AG raised its forecast for China’s economic growth for this year and next, citing a stronger-than-expected recovery after Covid restrictions were dropped and an expected boost to consumer confidence.</p><p>Gross domestic product is now projected to expand 5.4% in 2023, up from an earlier estimate of 4.9%, UBS economists including Wang Tao wrote in a note Monday. The economic re-opening is proceeding better than forecast, with a second wave of Covid infections not materializing and little sign of supply disruption, they said. The housing market is also recovering.</p><p>The rebound will likely continue into 2024 as consumer confidence gradually improves, UBS said, lifting its growth estimate for next year to 5.2% from 4.8%. The consensus estimate in a Bloomberg survey of economists is for growth to reach 5.3% this year and 5% in 2024.</p><p>At Sunday’s opening of the National People’s Congress — the annual parliamentary gathering — Premier Li Keqiang said the government will target GDP growth of around 5% this year, a less ambitious goal than many economists had expected, and a sign that authorities will likely refrain from rolling out more fiscal and monetary stimulus.</p><p>UBS said there could be more detailed support announced for key growth engines, like infrastructure investment and consumption, once new economic leaders take office.</p><p>“We think there is room for increased policy bank lending to support infrastructure investment, a form of ‘monetary and fiscal policy coordination,’ and it’s possible some consumption supporting measures will be rolled out by more local governments later,” the economists said.</p><p>Monetary policy is likely to remain “accommodative” although there’s unlikely to be another cut to the central bank’s policy interest rates, UBS said. The People’s Bank of China is likely to keep liquidity ample by relying more on on-lending and other facilities, and it’s possible it could cut the reserve requirement ratio one more time, it said. There is also room for banks to further lower loan prime rates a bit and cut actual mortgage rates, the economists said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UBS Upgrades China’s Growth Forecast as Rebound Gathers Pace</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUBS Upgrades China’s Growth Forecast as Rebound Gathers Pace\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-06 12:00 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-06/ubs-upgrades-china-s-growth-forecast-as-rebound-gathers-pace><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS Group AG raised its forecast for China’s economic growth for this year and next, citing a stronger-than-expected recovery after Covid restrictions were dropped and an expected boost to consumer ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-06/ubs-upgrades-china-s-growth-forecast-as-rebound-gathers-pace\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","HSI":"恒生指数","000001.SH":"上证指数","HSTECH":"恒生科技指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-06/ubs-upgrades-china-s-growth-forecast-as-rebound-gathers-pace","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169873594","content_text":"UBS Group AG raised its forecast for China’s economic growth for this year and next, citing a stronger-than-expected recovery after Covid restrictions were dropped and an expected boost to consumer confidence.Gross domestic product is now projected to expand 5.4% in 2023, up from an earlier estimate of 4.9%, UBS economists including Wang Tao wrote in a note Monday. The economic re-opening is proceeding better than forecast, with a second wave of Covid infections not materializing and little sign of supply disruption, they said. The housing market is also recovering.The rebound will likely continue into 2024 as consumer confidence gradually improves, UBS said, lifting its growth estimate for next year to 5.2% from 4.8%. The consensus estimate in a Bloomberg survey of economists is for growth to reach 5.3% this year and 5% in 2024.At Sunday’s opening of the National People’s Congress — the annual parliamentary gathering — Premier Li Keqiang said the government will target GDP growth of around 5% this year, a less ambitious goal than many economists had expected, and a sign that authorities will likely refrain from rolling out more fiscal and monetary stimulus.UBS said there could be more detailed support announced for key growth engines, like infrastructure investment and consumption, once new economic leaders take office.“We think there is room for increased policy bank lending to support infrastructure investment, a form of ‘monetary and fiscal policy coordination,’ and it’s possible some consumption supporting measures will be rolled out by more local governments later,” the economists said.Monetary policy is likely to remain “accommodative” although there’s unlikely to be another cut to the central bank’s policy interest rates, UBS said. The People’s Bank of China is likely to keep liquidity ample by relying more on on-lending and other facilities, and it’s possible it could cut the reserve requirement ratio one more time, it said. There is also room for banks to further lower loan prime rates a bit and cut actual mortgage rates, the economists said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943370849,"gmtCreate":1679197876082,"gmtModify":1679200665500,"author":{"id":"4142212182570312","authorId":"4142212182570312","name":"cholidaja","avatar":"https://community-static.tradeup.com/news/62bfb44d04aa2aa9d0afc09f3207af8f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142212182570312","authorIdStr":"4142212182570312"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishgo","listText":"<a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishgo","text":"$HSI(HSI)$ BullishBullishBullishBullishgo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943370849","isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943370300,"gmtCreate":1679197291401,"gmtModify":1679200665471,"author":{"id":"4142212182570312","authorId":"4142212182570312","name":"cholidaja","avatar":"https://community-static.tradeup.com/news/62bfb44d04aa2aa9d0afc09f3207af8f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4142212182570312","authorIdStr":"4142212182570312"},"themes":[],"htmlText":"Nice job Nice Good Go to the moon ","listText":"Nice job Nice Good Go to the moon ","text":"Nice job Nice Good Go to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943370300","isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}