Goldman Sachs' 35 meetings in 5 days show China is back on radar after fund purge
- Posted on October 28, 2024
- By Yahoo News
- 1 Views
Goldman Sachs' 35 meetings in 5 days show China is back on radar after fund purge
Chinese stocks, once indispensable to global funds and later deemed uninvestable by others, are back on the radar of investors after years of being ignored. While caution remains, optimism abounds after a US$4.5 trillion rally in the past month. That is the assessment of Kinger Lau, a managing director in Hong Kong and chief China equity strategist at Goldman Sachs. He has been "running around the world" over the past four weeks, fielding questions since China unleashed its surprise stimulus pac