Major investment banks like Goldman Sachs, Deutsche Bank, an...
Major investment banks like Goldman Sachs, Deutsche Bank, and Bank of America, along with Wall Street analysts are bullish Chinese tech giants like $BABA-W (09988.HK)$ , $JD-SW (09618.HK)$
Goldman Sachs analysts expect another rally in Chinese stocks after the recent "healthy correction", driven by anticipated policy support measures from the the upcoming July Communist Party meeting.
Deutsche Bank analysts have raised their price targets significantly for major Chinese tech names like corporate $JD.com (JD.US)$ , increasing their target by 29%.
Bank of America views the recent consolidation at higher levels and improving sentiment as "constructive signs".
Deutsche Bank analysts have raised their price targets significantly for major Chinese tech names like corporate $JD.com (JD.US)$ , increasing their target by 29%.
Bank of America views the recent consolidation at higher levels and improving sentiment as "constructive signs".
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