Goldman Sachs Says China Stocks May Miss Party Congress Boost

The video discusses the current weak market sentiment in China, highlighting the lack of strong growth momentum and the continuation of COVID-19 policies and property downturn. It examines the potential for a bear market in Chinese assets, particularly the Hansing China Enterprise Index, and the implications of currency levels on market confidence. The analysis suggests that without significant policy shifts, pessimism may persist.

What factors contribute to the current pessimism across Chinese assets?

What level is the Yuan expected to reach, and why is this significant?