Goldman’s 18 wins, 32 losses in China prosperity bets show market struggle

Goldman Sachs isn’t having great success with Chinese stocks it picked from China’s “common prosperity” agenda. More misses than hits suggest investors will struggle with regulatory minefields in the US$13.7 trillion onshore equity market.Two months after selecting 50 companies whose businesses are best aligned with President Xi Jinping’s wealth-sharing mantra, only 18 of them have prospered while the other 32 handed investors losses, according to data compiled by the Post.Trip.com slumped 30…

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