GSAM avoiding Chinese financial, energy stocks
A recent exodus from Chinese and other emerging equities means there is a great buying opportunity, but investors must be selective, says Katie Koch of Goldman Sachs Asset Management.
Despite the recent bloodbath in Chinese stocks – Shanghai’s benchmark CSI 300 index fell almost 7% in a week in late June and is down 12% year-to-date – Goldman Sachs Asset Management remains optimistic about the mainland market.
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