Goldman Sachs lower their targets for Chinese language inventory indexes for a second time this month

Goldman Sachs lower their targets for Chinese language inventory indexes for a second time this month

• 12-month goal for the MSCI China Index was lower to 75 from 81
• CSI 300 Index was lowered to four,300 from four,500

GS cite heightened commerce tensions with the US:

• rigidity has soared to unprecedented ranges
• considerations about world recession
• decoupling dangers between the 2 largest economies globally in different strategic cohorts, notably capital markets, know-how, and geopolitics

Data by way of Bloomberg.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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