A Standard Chartered senior cross-asset strategist:
- “We may have seen the worst in Chinese equities this year,”
- “Chinese authorities will continue to ease monetary policy and step up fiscal stimulus in order to hit its ambitious GDP growth target.”
- Chinese stocks likely to outperform global peers over the next 12 months
- Cheap valuations along with further policy easing will support
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I saw also that Goldman Sachs are bullish, looking for +23 to 29% this year