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Goldman Sachs discusses the impact of China's stimulus measures
  + stars: | 2024-10-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs discusses the impact of China's stimulus measuresMichelle Cheng, co-head of Asia consumer research and managing director at Goldman Sachs, says there's still "limited upside" on earnings, adding that there needs to be more policy execution and a restoration of consumer confidence.
Persons: Goldman Sachs, Michelle Cheng, there's Locations: Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's economic recovery will be relatively slower, says Goldman SachsMichelle Cheng of Goldman Sachs discusses the country's monetary policy easing and says its "policy direction is still much, much better than [in the] previous year."
Persons: Goldman Sachs Michelle Cheng, Goldman Sachs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's employment market will gradually show improvement, says Goldman SachsMichelle Cheng of the investment bank says that will happen as service activity in China improves.
Analysts at Goldman Sachs named a slew of stocks this week that the firm said are well positioned if market conditions deteriorate. They include Yeti, Yum China , Keysight Technologies , Capri Holdings and Taiwan Semiconductor Manufacturing . Yum China Yum China is a stock made for these times, according to analyst Michelle Cheng. Keysight Technologies "Strong results despite weakening macro. Yum China "YUMC delivered a strong margin beat in its 3Q22 results reinforcing its leading execution & business resiliency amid market volatility.
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