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Goldman Sachs: A-shares expected to outperform H-shares in the next three months
Jinshi data, February 24th news, Goldman Sachs believes that A-shares are expected to outperform H-shares in the next three months with a 2% excess return, thanks to valuation advantages and policy support. In addition, the valuation premium of A-shares relative to H-shares has narrowed from 34% three months ago to the current 14%. If it rebounds to the average level of the past year, it means that A-shares have about 10% rise potential.