UBS China head says markets overreacting to EU vote

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Global markets are “overreacting” to the British vote to exit the European Union, UBS’s China head Eugene Qian said, as he called on clients to stay focused on their long-term investment strategies.

“It pays to pause a little bit” to think about what the right next step is, Qian said in an interview on Monday with Bloomberg Television’s Stephen Engle. “It’s wise to pause.”

Bloomberg News reports that global markets are “overreacting” to the British vote to exit the European Union, UBS’s China head Eugene Qian said, as he called on clients to stay focused on their long-term investment strategies.

“It pays to pause a little bit” to think about what the right next step is, Qian said in an interview on Monday with Bloomberg Television’s Stephen Engle. “It’s wise to pause.”

To access the complete Bloomberg News article hit the link below:

Markets Overreacting to Britain’s EU Vote, UBS China Head Says

Brexit Contingency Plans in Place Amid Market Volatility, Osborne Says

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