Goldman Sachs has raised its 12-month forecast for key Chinese stock indices, reflecting growing optimism about China’s economic outlook.
The investment bank increased its target for the MSCI China index from 75 to 85 and for the CSI 300 index from 4,600 to 4,700.
This upward revision signals confidence in a potential recovery in Chinese markets, driven by expectations of policy support, improving economic data, and stronger corporate earnings. The move comes amid a challenging global environment, but Goldman Sachs appears optimistic that China's market fundamentals will strengthen over the next year, attracting investors seeking growth opportunities in the region.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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