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<Research>G Sachs: Trump-Xi Summit Looms; Tactical Upside for CN Stocks on Horizon
US President Donald Trump and Chinese President Xi Jinping will meet in mid-May, Goldman Sachs said in a China strategy report. The broker believed that, supported by historical tr...
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<Research>G Sachs: Trump-Xi Summit Looms; Tactical Upside for CN Stocks on Horizon
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US President Donald Trump and Chinese President Xi Jinping will meet in mid-May, Goldman Sachs said in a China strategy report. The broker believed that, supported by historical trading patterns, low investor expectations, and the attractive risk-reward profile of Chinese stocks, there is tactical upside for Chinese equities ahead of the meeting.

Goldman Sachs economists expected China to purchase more US agricultural products, energy and manufactured goods in exchange for fewer technology restrictions and slightly lower tariffs, while gauging a low probability of a "grand bargain". The broker kept its Overweight view on A-shares and H-shares.

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