Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>G Sachs Recommends Overweight in CN Mkt, Predicts 14% Potential Rise in MSCI China Index, Favors Selected Private Enterprises/ AI Shrs
Recommend 83 Positive 125 Negative 57 |
||||
|
||||
|
Goldman Sachs has released an Asia-Pacific market report, in which it recommended an Overweight rating on the China market. In the broker's estimate, the MSCI China Index will reach a target of 85 points over the next 12 months, implying a forward P/E ratio of 11.6 times, with upside potential of 14% based on an EPS growth of 9% for 2025-26. It focuses on themes such as selected private enterprises, shareholder returns, globally competitive companies with emerging market revenues, as well as specific investments in AI and consumer sectors. Goldman Sachs also upgraded its rating on the Hong Kong market to Equalweight in light of improved earnings growth (8% and 6% for 2025 and 2026, previously 6% and 5%) driven by better capital and real estate market activities. The broker set a 12-month target of 14,700 for the MSCI Hong Kong Index (currently at 13,731), implying a forward P/E ratio of 13.7 times. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
