Goldman Sachs Group Inc. strategists expect Chinese stocks to rise in the two to three months following the US presidential election, although they warn there may be a kneejerk reaction if former President Donald Trump wins.
“China equities did not sell off in the past two weeks amid Trump risk repricing, which is indicative of its resilience,” according to a trading desk note dated Wednesday. “We believe China risk sentiment is likely to trade bullish post-election.”
Visited 2 times, 1 visit(s) today
