Top Asia Advisers at Morgan Stanley, UBS See China Revival

Two senior executives from Morgan Stanley and UBS Group AG who advise Asia’s ultra-wealthy are seeing renewed investor optimism over China following a weekend truce between the two largest economies.

The breakthrough in US-China trade relations has set the scene for a rebound in growth stocks in America and an imminent “repositioning” in China, said Morgan Stanley’s Christina Au-Yeung in an interview at Bloomberg’s New Voices event Tuesday in Hong Kong. Amy Lo, the Swiss bank’s co-head of wealth management for Asia, noted that interest in China is picking up after several years when clients wanted nothing to do with the market.