These China stocks are favored by analysts no matter how the central bank stimulus pans out

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Investment Strategy أخبار

Stock Markets,SPDR S&P China ETF,Hang Seng Index

New efforts by the People's Bank of China to boost the economy may or may not succeed, but these China stocks are recommended in any case.

A host of China stocks are recommended by investment analysts whether or not the economy gets a boost from measures taken this week to boost the sluggish domestic economy there. On Tuesday, the People's Bank of China announced a series of steps designed to lift the country's slumping economy.

On Sunday, Morgan Stanley analyst Terence Flynn initiated research coverage of the stock with an overweight rating and $118 price target, implying that shares could soar 168%. "Based on Ph1/2a data, we believe GSBR1290's profile is competitive to that of other oral diabesity drugs on the market and in development . We expect Ph2b obesity data for GSBR-1290 by YE25, representing the next catalyst for the program," Flynn wrote.

 

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