Goldman Sachs names massive manufacturers and Chinese language shares to purchase


An aerial view of Beijing, China

DuKai photographer | Moment | Getty Images

Goldman Sachs analysts have selected a number of fast-growing Chinese brands that younger consumers are willing to pay a premium for.

The bank compiled a list of its “hottest” stocks and recommended buying both established and emerging players.

After the Covid-19 outbreak, people in China are switching to healthier food and beverage brands, and Goldman’s “winners” will take advantage of the trend. Some of its recommendations will generate $ 1 billion in annual sales over the next three to five years, the bank estimates.

Goldman-rated stocks include:

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