Goldman Sachs: Chinese stocks are expected to welcome substantial risk-return opportunities, with Hong Kong stocks potentially outperforming A shares in the next 3 months
Goldman Sachs released a report stating that before the convening of the Third Plenary Session of the month, Chinese stocks are seeing significant risk-return opportunities, and H-shares may outperform A-shares in the next 3 months. The report indicates that the bank maintains a positive view on A-shares strategically. Tactically, given the possibility of a policy shift by the Federal Reserve in September and the decline in valuations compared to a month and a half ago, H-shares may outperform A-shares in the next 3 months. The bank continues to hold a positive stance on the TMT and consumer services industries. Additionally, the bank will continue to increase holdings in the hardware technology industry, as the industry seems to be in a favorable position in the global technology stock replenishment and upgrade cycle
According to the information from the Zhitong Finance and Economics APP, Goldman Sachs released a report stating that before the Third Plenary Session of the month, Chinese stocks are seeing significant risk-return opportunities, and H-shares may outperform A-shares in the next 3 months.
The report indicates that the bank maintains a positive view on A-shares strategically. Tactically, given the possibility of a policy shift by the Federal Reserve in September and the decline in valuations compared to a month and a half ago, H-shares may outperform A-shares in the next 3 months. The bank continues to hold a positive stance on the TMT and consumer services industries. In addition, the bank will continue to increase holdings in the hardware technology industry, as this sector appears to be in a favorable position in the global technology stock replenishment and upgrade cycle