The Wall Street bank listed more than two dozen Chinese stocks including a raft of tech and chipmaking firms, in a research note published Thursday, saying they had attractive valuations and likely solid growth.
"May has historically been a tough month for Chinese stocks but we'd buy on any seasonal weakness," the analysts led by Kinger Lau stated. Goldman recommended both Chinese cyclicals — whose prices tend to move up and down with the economy — and growth stocks, which investors expect to do better than the wider market.
Pro Shame
Pro Harmony is good moves at present,but doge is still in front!🚀
Pro If you like your money gone without reasons, sure, buy them all.
Pro I just moved to your city, who wouldn't mind showing me interesting places?
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »