Goldman Sachs’ outlook for Greater China tech and top picks for 2023


Source: cnbc.com cnbc.com

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Chinese stocks are on investors' radars once more, after the mainland announced a relaxation of Covid-19 restrictions that raised hopes of an economic recovery in the world's second-largest economy. One segment of the stock market that has been particularly beaten down is the tech sector. Chinese tech stocks have endured some difficult years following a regulatory crackdown and the effects of pandemic restrictions, though the sector has recovered slightly on reopening hopes. The Chinese government is also unlikely to introduce new regulations for the internet tech sector and there could be more support going forward, according to Jonathan Krane, founder...