A public screen displays the consumer price index (CPI) figures in Shanghai, China, on Monday, Oct. 10, 2022. Chinese semiconductor stocks slumped after fresh US curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concerns that the industry’s downturn is far from over. Photographer: Qilai Shen/Bloomberg
A public screen displays the consumer price index (CPI) figures in Shanghai, China, on Monday, Oct. 10, 2022. Chinese semiconductor stocks slumped after fresh US curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concerns that the industry’s downturn is far from over. Photographer: Qilai Shen/Bloomberg

China stocks may rally 20% on a full reopening

Strategists at Goldman Sachs Group Inc. say a complete China reopening will drive a 20% gain in Chinese equities.
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