Goldman, JPMorgan still see upside in China assets after rally

INSUBCONTINENT EXCLUSIVE:
Chinese stocks have had a great start to 2019, and it may not stop there. The benchmark CSI 300 Index has risen 25 per cent this year,
outperforming all other major stock gauges
The offshore yuan has risen more than 2 per cent versus the US dollar
And while Goldman Sachs Group Inc
and JPMorgan Chase Co
factors have helped drive the rebound in Chinese stocks this year
MSCI Inc
would boost the weighting of mainland-listed shares in its indexes. Both Goldman and JPMorgan cautioned in their reports that further strong
performance in China-related assets is highly contingent on the outcome of trade talks with the US, including the details of any deal.