Lates News

A senior executive at Goldman Sachs has recently stated that investor sentiment has significantly improved and that there is still room for growth in the Chinese stock market. "What we hear from clients and investors is that sentiment (around the Chinese stock market) has improved," said Kevin Sneader, President of Goldman Sachs Asia Pacific (excluding Japan), in a media interview on Wednesday. He pointed out that there is a certain support for this wave of rebound in the Chinese stock market. Sneader stated that while some long-term investors are still seeking clearer policy signals, there has been an improvement in the flow of funds from hedge funds. He also mentioned that a major driving force behind the rise in the Chinese stock market is still the retail investors who have a large amount of savings.