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Goldman Sachs sees China shares surging as a lot as 24% by end-2023

Newsican Admin by Newsican Admin
February 20, 2023
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Goldman Sachs sees China shares surging as a lot as 24% by end-2023
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BEIJING, CHINA – FEBRUARY 09: Residents stroll at Wangfujing Pedestrian Road within the snow on February 9, 2023 in Beijing, China.

Vcg | Visible China Group | Getty Photographs

Goldman Sachs strategists see an financial shift from “reopening to recovery” driving Chinese language shares as a lot as 24% greater by the tip of this yr.

The agency sees a possible 24% upside to the MSCI China index because the nation strikes previous the reopening that adopted its stringent zero-Covid insurance policies to a progress section, in response to a…



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