[UBS Annual Outlook: Global Stocks Expected to Have Approximately 15% Upside by End of 2026] Reported by Golden Finance, on December 10, 2025, the UBS Wealth Management Chief Investment Office (CIO) mentioned in its '2026 Annual Outlook' report that a favorable economic environment will support stocks, projecting approximately 15% upside for global equities by the end of 2026. Robust economic growth in the U.S., along with accommodative fiscal and monetary policies, will benefit sectors such as technology, utilities, healthcare, and banking. Stock markets in the U.S., China, Japan, and Europe are expected to rise. Among these, AI and technology will remain key drivers of global stock growth. Strong capital expenditures and rapid adoption will further contribute in 2026, though investors should also be mindful of bubble risks. In a diversified equity portfolio, it is recommended to allocate up to 30% of positions to structural trends such as AI, longevity economy, and energy and resources. UBS also emphasized that China's technology sector represents one of the most significant global opportunities. Ample liquidity, retail capital inflows, and corporate earnings growth of up to 37% in 2026 will support momentum in Chinese equities. Investors seeking diversification can also capture this growth theme by deploying investments in Asian markets (especially India and Singapore) or emerging markets.