UBS Group AG’s wealth management arm stresses that the People’s Bank of China’s monetary easing effects are already factored into market prices, urging more robust policies to revive China’s equities. Eva Lee, head of Greater China equities at UBS, suggests a comprehensive approach to tackle the economy’s fundamental issues. UBS remains optimistic about Chinese stocks, anticipating a 10% return this year, but advises caution. Conventional measures like reserve cuts are deemed inadequate to stimulate the market significantly. Amid a prolonged property slump and geopolitical tensions, China’s stocks have lost USD6.3tr in value since 2021, with the yuan weakening. Investors now seek more decisive fiscal steps and comprehensive reforms to reinvigorate growth beyond the current modest pace.