Reported about 1 year ago
Several foreign institutions have expressed positive views on the Chinese mainland stock market recently. Goldman Sachs raised its 12-month target for the MSCI China Index from 60 to 70 points and maintained its overweight rating on A-shares. HSBC China A-Share Manager Xiao Zhengyi pointed out that the MSCI China Index has risen 31% since the end of January, surpassing most global and emerging markets, driven by China's economic resilience, strong policy performance, lower valuations, and investor sentiment. With the IMF's positive outlook on China's economic growth and various supportive policies, the A-share market is expected to see a long-term valuation uplift, particularly in industries such as materials, communication services, and home appliances, offering investment opportunities for investors to explore.
Source: YAHOO