Reported 2 days ago
Goldman Sachs has revised its targets for major Chinese stock indexes for the second time this month, reducing the MSCI China Index target from 81 to 75 and the CSI 300 Index from 4,500 to 4,300. These adjustments are a response to escalating trade tensions between the US and China, raising concerns about a potential global recession. Although the Chinese stock indices experienced a brief rise due to a temporary pause in US tariffs, investor sentiment remains fragile amid ongoing trade disputes.
Source: YAHOO