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G Sachs Predicts Buying CN Stocks After US Election to Become Key Trading Strategy
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Scott Rubner, managing director of global markets at Goldman Sachs, remarked that the Chinese stock market has been on a rally recently, with the Nasdaq Golden Dragon Index surging 19% over the past four days, according to foreign media reports. He expected Chinese stocks to become a crucial part of investors' plans after the US election. As the long-awaited recovery of the Chinese stock market has finally arrived, Rubner also noted that although reducing holdings in Chinese stocks is currently the biggest consensus in global markets, emerging markets will quickly become favored after the US election. AAStocks Financial News |
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