Chinese consumers are spending. UBS picks the stocks to cash in

Joggers in Shanghai, China, on April 10, 2021.
Qilai Shen | Bloomberg | Getty Images

China's young people and older consumers present a raft of new opportunities for investors —especially in the tech and health care sectors, according to analysts at UBS.

The investment firm picked a number of stocks that tap into the current and future needs of both "Millennials/Generation Z" (those born between the early 1980s and late 2000s) and the "Silver Economy" (people over the age of 64).

In fact, UBS said the over-65s have "unprecedented wealth," in a research note published last month. Meanwhile, well-educated younger people have more money than their peers in other countries and are behind a boost in spending on tech platforms, the analysts said.

Here are a dozen of the bank's stock picks:

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