Chinese stocks dip due to profit-taking and trade concerns, but Goldman Sachs bullish on future.

From Investing.com: 2024-05-30 00:34:11

Chinese stock markets have dipped from 2024 highs due to profit-taking and renewed US-China trade concerns. Goldman Sachs analysts maintain a bullish view on Chinese stocks, favoring sectors like services and consumption. Expected upside of 12% for CSI300 in the next year, with positive outlook despite potential policy shifts and election volatility.



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