Jan 27, 2021 10:57 PM (GMT+8) · EqualOcean
Goldman Sachs held a media conference call on China's economic development prospects in 2021. Referring to the investment strategy in the Chinese market, Goldman Sachs said that it still maintains its high allocation strategy for Chinese stocks, and suggested that it pay attention to the two main lines of growth and cyclical industries. Liu Jinjin, chief China equity strategist at Goldman Sachs, said that maintaining the high allocation strategy for China's stocks, the return rate of A-share and Hong Kong stock markets is relatively high, which is expected to be about 13% to 14%. In terms of industry allocation, he is optimistic about growth stocks and cyclical stocks, including pharmaceutical, media and retail sectors, as well as transportation sectors.