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Goldman Sachs expects China stocks to make first annual gain in 4 years in 2024

Chinese stocks may have their first yearly gain in four years in 2024, helped by more accommodative policy that should cushion the drag from the property.

Goldman Sachs forecasts rebalancing with policy support ahead

Goldman Sachs forecasts rebalancing with policy support ahead
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Goldman Sachs expects China stocks to make first annual gain in 4 years in 2024

Goldman Sachs expects China stocks to make first annual gain in 4 years in 2024
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

China state buying of shares will support year-end rebound – Goldman Sachs

The government has become more active in buying Chinese stocks since August as it attempts to breathe life back into the flagging market, according to Goldman Sachs. The US investment bank predicts this will help engineer a rebound in equities for the rest of the year, reports the South China Morning Post. “The ‘National Team’…

State buying of Chinese stocks will drive year-end rebound, Goldman predicts

It reached its conclusion based on indicators such as the trading patterns of key holdings by state-linked entities, inflows into selected index-based…

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