BlackRock(US:BLK) Xin Lang Cai Jing·2026-01-09 05:46Core Viewpoint - Song Yu has officially joined UBS Securities as an analyst, bringing extensive experience in macroeconomic analysis and policy evaluation, particularly regarding China's economic trends and investment strategies [1][4][6]. Group 1: Company Changes - On January 5, 2026, the securities industry system indicated that Song Yu has officially transitioned to UBS Securities [1][4]. - Previously, Song Yu held significant positions as the Chief Economist for Goldman Sachs Gao Hua Securities and BlackRock's Chief China Economist [2][5]. Group 2: Economic Outlook - As the Chief China Economist at BlackRock, Song Yu expressed a positive outlook on the Chinese economy, highlighting its strong resilience and the potential for the stock market to stabilize and recover [3][6]. - He believes there is currently an opportunity for value investment in Chinese assets, indicating a bottom-overweight situation [3][6]. - Song Yu is also monitoring the impact of U.S. Federal Reserve policies on the Chinese economy, predicting that the new chairperson, expected to be appointed in 2026, may influence decision-making [3][6].