Factbox-Analysts Reuters forecast for China’s 2022 assets

SYDNEY (Reuters) – Investment firms have begun publishing Chinese asset price forecasts next year, and after a 12-month slump in financial markets, bulls are also in full swing.

The stock index fell about 13% this year and the MSCI China index lost about 20% compared to a 12% rise in world stocks.

On December 2, Hang Seng was at 23,714, MSCI China at 86,733 and blue-chip CSI300 at 4,854.6.

Here is a summary of some of China’s asset forecasts for the end of 2022:

INVESTMENT HANG SENG MSCI CHINA CSI300

HOUSE ADDRESS PURPOSE

Goldman Sachs (NYSE 🙂 105 5,500 6.2

(12 months

in cast)

Morgan Stanley (NYSE 🙂 25,000 95 5,250 6.4

Barclays (LON 🙂 6.5

HSBC 28,030

Rule 6.5

Agreed

NO COMMENT:

* GOLDMAN SACHS

“We believe that China’s equities will have a better year in 2022 as the market moves from a major adjustment and a ‘hope’ phase, where P / E expansion outpaces weak core growth and boosts strong equity gains.”

* MORGAN STANLEY

“MSCI China has experienced the worst relative decline in relative performance since 2021 … Despite a record year, we still see some lasting risks to greater volatility or decline in the short term. This leads us to believe that this is not the case. still the right time to bullish at a broad index level. “

* HSBC

“We believe that the markets have been passionate about selling Chinese stocks … most of the funds are underweight and as China returns to growth, we believe this market will decline.”

** Swiss credit (SEI 🙂

“Between the expected pleasant policy environment and reasonable liquidity, we remain constructive in China’s stock markets, despite the negative impact of the expected tightening cycle at the Fed. We hope it can grow backwards. ”