AsianFin — Goldman Sachs has raised its 12-month target for the MSCI China Index from 85 to 90 points, according to a report released Monday by strategists including Kinger Lau. The revised target implies an 11% upside from the index’s closing level last Friday.
The upward revision reflects growing optimism over the performance of Chinese equities, as investors anticipate a potential recovery in corporate earnings and improved investor sentiment.
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