Goldman Sachs Forecasts Major Upward Movement for Chinese Stocks, UBS Overweights Mainland and Hong Kong Shares
Tuesday, 23 April 2024, 10:15
Goldman Sachs and UBS Outlook
Goldman Sachs anticipates a substantial increase of 40% in Chinese stocks in the near term, attributing it to a more favorable trading environment.
UBS, on the other hand, has upgraded its ratings on both Chinese and Hong Kong stocks to overweight, indicating a positive shift in sentiment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.