Goldman Sachs expects Hang Seng index at 32,000 end-2018 – BBG TV

In its latest noted released a day before, analysts at Goldman Sachs Group Inc noted that they expect Hong Kong’s benchmark equity gauge, the Hang Seng index, to climb to 32,000 levels by the end of next year.

Goldman also keeps overweight rating on China stocks going into 2018.

Meanwhile, Hang Seng traded +0.54% at 29,865 towards the close. The index hit fresh decade highs above the 30k barrier earlier this week. The mainland Chinese stocks extend the sell-off to now trade at two-month lows.