News Snapshot:
The driver of the upside potential is China’s policy easing, which comes just when much of the rest of the world is tightening China stocks have bottomed out after a year-long correction and are poised to gain up to 14% over the next 12 months, Goldman Sachs said. The driver of the upside potential is China’s policy easing, which comes exactly as much of the rest of the world is tightening, said analysts led by Hong Kong-based Kinger Lau in a June 13 note. We “like the tactical case, especially in the run-up to the Party Congress, ahead of which...
