Goldman Sachs target China's CSI300 to 4800

  • had previously set their target at 4500

GS says China is evolving from “reopening” to a wider “growth recovery” theme

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UBS also, says "we continue to hold a positive view on the China market”, citing:

  • herd immunity occurring faster than expected
  • undemanding valuations
  • policy support likely to provide a backstop for growth
CNBC spoke with the global head of economic research at UBS and came away with the bombshell call