Goldman Sachs raises China stock index target, ‘reopening’ turns into ‘resumption of growth’

Goldman Sachs targets CSI300 to 4800 in China

  • had previously set their target at 4500

GS says China is moving from ‘reopening’ to broader ‘growth resuming’ theme

UBS also says “we continue to have a positive view of the Chinese market”, citing:

  • herd immunity is happening faster than expected
  • undemanding assessments
  • political support likely to provide support for growth


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