As Chinese markets experienced the worst trading day in more than a decade on Monday, with the Shanghai Shenzhen CSI 300 Index falling nearly 8 percent, we took a look at what three wealth managers are telling their clients.

UBS Wealth Management

UBS’s top economist Paul Donovan said in his morning briefing today (3 February) that fear was the biggest economic threat and that today’s drop in the Chinese markets was expected.

He said the outbreak raised five key concerns, the first of which was fear and the dissemination of fake news. China’s demand for imports would also fall, while the ...