<ul><li>Strategists at Goldman Sachs Group Inc. have cut their targets for key Chinese stock indexes for a second time this month, citing heightened trade tensions with the US.</li><li>The 12-month target for the MSCI China Index was reduced to 75 from 81, while that for the CSI 300 Index was lowered to 4,300 from 4,500.</li><li>Chinese stocks have been affected by the escalating trade war between the two largest economies in the world, with concerns over a further escalation of trade tensions continuing to weigh on investor sentiment.</li><li>Goldman Sachs strategists favor A shares over H tactically, and have upgraded banks and developers to overweight, expecting decisive and forceful policy changes to soften the trade shock.</li></ul>

Goldman Cuts Targets On China Stocks For Second Time This Month

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