Goldman Sachs forecasts that China's stock market will rise further
2025-03-05 22:08:34
On March 6th, Goldman Sachs raised its 12-month target for the MSCI emerging markets index from 1,190 to 1,220, reflecting the positive impact of artificial intelligence adoption on Chinese corporate profits. The new forecast suggests the index has 12% more room to rise from Tuesday's close. Strategists such as Sunil Koul expect Chinese stocks to rise further as stimulus measures are expected to stabilize economic growth.
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