China Stocks: Goldman Sachs Sees Potential for 15%-20% Further Gains

Timothy Moe, equity strategist at Goldman Sachs, discusses the outlook for Chinese stocks and the government’s efforts to support the economy. Goldman has upgraded Chinese equities to "overweight" and said it sees further 15%-20% upside potential. The rally in Chinese stocks early Tuesday lost momentum after the National Development and Reform Commission, the country’s top economic planner, held back in unleashing any more major stimulus at a press briefing. Moe speaks on Bloomberg Television.
Sign up for the 5 Things to Start Your Day newsletter to get up to speed with the most important business & markets news from Asia each morning. https://bloom.bg/3wC0wOa
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Author: Bloomberg Television
Go to Source

News post in October 9, 2024, 12:05 pm.

Visit Our Sponsor’s:
News Post In – News

Renegade_Rcih
Greetings I'm Renegade Rich, I own lots of websites and domain names. one of my favorite news type of sites are news sites. So I own lots of news sites and news domain names. My lates is https://news.post.in 😁