(Hong Kong Bloomberg News) Goldman Sachs Group predicted on November 6 that Chinese officials will start relaxation of epidemic prevention regulations in the second quarter of 2023. When they are fully opened, the Chinese stock market will rise by 20%.

According to Bloomberg, Goldman Sachs Strategic, including Kinger Lau, proposed in a report that there were signs that after the Twenty CPC's closing, Chinese officials may have begun to relax the long -lasting "Dynamic clearing "zero -epidemic prevention policy, and may begin to relax the relevant restrictions in the second quarter of 2023.

This report also describes that China's relaxation of epidemic prevention may be "the most clear, long -awaited, and most powerful uplink catalysts in the market."

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Report also mentioned that the market will digest the news about the opening up of about one month in advance, and the positive momentum may last two to three months.Goldman Sachs believes that China's domestic cyclical and consumer sectors will become the main beneficiaries.

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Report states that the relevant economic restart concept stocks, including retailers, airlines, hotels and catering, have performed 20%higher than the MSCI China index since July.Analysts believe that if the re -open pace is accelerated, the valuation and fundamental recovery will still have sufficient room for further upward.

In the past week, China's official preparations for relaxation of epidemic prevention restrictions, and planning to cancel the disconnection mechanism of international flights, so that the Chinese stock market that has fallen for four consecutive months has risen.However, officials of the National Health and Health Commission of China reiterated on November 5 that they would insist on "dynamic clearance".