0732 GMT - The Chinese equity market has the potential to rise further amid signs of easing trade tensions and domestic policy efforts, say Goldman Sachs analysts in a commentary. Chinese equities have almost fully recovered its losses of 13% since U.S. President Trump's so-called "Liberation Day" tariff announcements, having returned to a 12% year-to-date gain, the analysts note. They cite signs of potential de-escalation in U.S.-China trade tensions, a broader U.S. dollar weakness, domestic policy efforts among other factors, they say. GS raises its 12-month index target for MSCI China to 78 and CSI300 to 4,400--implying potential returns of 7% and 15%, respectively. The sector remains highly uncertain, GS says. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
May 08, 2025 03:32 ET (07:32 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。