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Saxenhammer, a management consultancy specializing in small and medium-sized enterprises (SMEs), has opened its first office in Zurich to meet the growing demand from the Swiss SME sector. Led by Andreas Pöllen, the firm aims to provide tailored M&A advisory services, focusing on deals in the CHF 10 to 100 million range, amidst a shift in lending practices from traditional banks to alternative providers. The expansion is seen as a response to increasing pressures on Swiss SMEs for reliable and transparent M&A strategies.
Chinese internet stocks are viewed as a buying opportunity despite recent corrections, while concerns linger over the effectiveness of Beijing's stimulus measures amid a slowing economy. UBS's Mark Haefele notes that the lack of new consumption-boosting initiatives may lead to volatility in Chinese equities, especially with potential tariff impacts from the US. Defensive sectors are favored in the current climate, as the market awaits clearer fiscal strategies and responses to external pressures.
Chinese internet stocks are viewed as a buying opportunity despite recent corrections, while concerns linger over the effectiveness of Beijing's stimulus measures amid a slowing economy. UBS's Mark Haefele notes that the lack of new consumption-boosting initiatives may lead to volatility in Chinese equities, especially with potential tariff impacts from the US. Defensive sectors are favored in the current climate, as the market awaits clearer policy direction.
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