Goldman says AI most ceaselessly is a $200 billion game changer for China markets. Nonetheless right here’s why investors shouldn’t flee in.
Fiscal stimulus will seemingly be valuable for sustainable positive aspects
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Chinese language stocks appear like rising from their postpandemic slumber thanks to an synthetic-intelligence game changer that can abet lure in $200 billion of investor money this twelve months.
That’s per Goldman Sachs strategists, who on Monday bumped their target on China’s CSI 300 index XX:000300up 0.3% to this level this twelve months, to 4,700 from 4,600, which they order implies a 19% sign return from fresh phases.
