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Reopening to recovery: Goldman Sachs sees China stocks surging as much as 24% by end of 2023

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Goldman Sachs expects China stocks to surge as much as 24% by end of this year

"We believe the principal theme in the stock market will gradually shift from reopening to recovery," Goldman Sachs said in a Monday note.

BEIJING, CHINA - FEBRUARY 09: Citizens walk at Wangfujing Pedestrian Street in the snow on February 9, 2023 in Beijing, China.Goldman Sachs strategists see an economic shift from "reopening to recovery" driving Chinese stocks as much as 24% higher by the end of this year.

 

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