[UBS Raises Full-Year A-Share Earnings Growth Forecast to 11%] According to a report by Jinse Finance, on June 4, at the UBS media roundtable, Hu Zhizhi, Chairman of UBS Securities and Chairman of UBS Global Investment Banking China, shared her latest insights, delivering multiple positive signals. She pointed out that the total market capitalization of China's stock market is nearly $15 trillion, accounting for one-quarter of the MSCI Index weight, making it imperative for global allocation funds to strategically position Chinese assets. Additionally, A-share overall earnings grew by more than 7% in the first quarter, marking a fundamental shift from the zero-growth or minimal-growth environment of the past two years. The market is aligning with international standards, focusing on growth and fundamentals. In terms of liquidity, the scale of industry and thematic ETFs has surged from 500 billion yuan to 1.5 trillion yuan within two years, nearly tripling, becoming an essential tool for sophisticated investors. Based on these changes, UBS has raised its full-year A-share earnings growth forecast to 11%.