Goldman Sachs Bullish on China's Stock Market: Room for Further Growth
2 week ago / Read about 0 minute
Author:小编   

On Wednesday, Kevin Sneader, President of Goldman Sachs Asia Pacific (excluding Japan), expressed optimism regarding China's stock market, noting a marked improvement in investor sentiment and potential for further gains. He highlighted that both clients and investors widely perceive a positive shift in the market's outlook. Sneader further elaborated that the rebound in China's stock market is underpinned by a solid foundation of support. While some long-term investors await clearer policy directives, there has been an encouraging increase in hedge fund inflows. Emphasizing the significance of retail investors, Sneader pointed out that their substantial savings continue to serve as a crucial catalyst for the market's ascent.