Goldman Sachs Predicts Additional 20% Rise for Chinese Stocks

Reported about 7 hours ago

Goldman Sachs has upgraded its outlook on Chinese stocks, projecting that they could rise another 15%-20% due to the positive effects of recent stimulus measures from Beijing. The firm has increased its targets for key indices like the MSCI China Index and CSI 300 Index, while also warning of potential risks such as weaker fiscal stimulus and external pressures from U.S. elections and tariffs.

Source: YAHOO

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