History suggests that the China rally should continue Goldman Sachs

News Snapshot:

After a long downward move in the Hang Sang Index (HSI) which was recorded all throughout 2023 and the early part of 2024 it has since rebounded and Goldman Sachs stated that it may have more room to run. Since the April 19 low, the Hang Sang Index has since jumped 19.8% after declining 12.9% in 2023 and 5.3% from the start of 2024 to the April low. “MSCI China has surged 31% since its ytd low on January 22, and has been the best performing equity market globally in the past 3 months. CSI300 index has also gained 16%...