Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
G Sachs Continues to See 'Slow Bull' A Shr Mkt This Yr w/ RMB3T+ New Capital Flowing into Equity Mkt
Recommend 5 Positive 11 Negative 3 |
||||
|
||||
|
Compared to the 'mad bull' stock market in 2015, the current market trend is healthier, and if signs of overheating appear, policies will be quickly adjusted, Goldman Sachs' chief China equity strategist, Liu Jinjin, said. The broker maintained its expectation that A shares will continue to exhibit a 'slow bull' market. Recent valuation preferences of both individual and institutional investors increased, but investor sentiment has not overheated, Goldman Sachs added. In terms of capital, Goldman Sachs forecasted that over RMB3 trillion of new domestic capital will flow into the equity market this year, including approx. RMB2 trillion from individual investor allocations and over RMB1 trillion from institutional funds. Meanwhile, net southbound capital purchases are expected to reach US$200 billion this year, logging another new historical high. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
