UBS’s China Property Optimist Now Foresees an Extended Slump
John Lam, UBS Group AG’s head of China property research and a longtime contrarian, is retreating from his earlier bullish calls and joining his Wall Street peers in predicting that...
By Charlie Zhu, Emma Dong · Bloomberg Markets
John Lam, UBS Group AG’s head of China property research and a longtime contrarian, is retreating from his earlier bullish calls and joining his Wall Street peers in predicting that the country’s four-year real estate downturn is far from over.