China's Dragon Awakens: This Time Is Different (Technical Analysis) [Seeking Alpha]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Seeking Alpha
Play 4min Summary China stocks are extremely under-owned and sentiment is dire. They have the potential to embark on a multi-month bull run. The recent China stimulus sparked a big rally in indices and stocks. While prior interventions fell flat quickly, this time looks different. We could be looking at a generational buying opportunity in China stocks, with many stocks having the potential to double or triple in value. Videowok_art The majority of market participants must have been surprised by the recent resurgence in Chinese stocks. The catalyst was a stimulus package issued by the Chinese government worth an estimated CNY 2 trillion (or USD 284 billion). While definitely a positive for the market on paper, we have seen prior adrenaline shots delivered by the Chinese government fall flat very quickly. However, this time feels different, and I think this is the beginning of a multi-month bull market in Chinese stocks. There are several reasons why I believe th
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- GS's page on the SEC website