Goldman Sachs raises its forecast on Asian stocks: Hong Kong, Philippines and Taiwan in the spotlight

11:32 - 11.07.2025


July 11, Fineko/abc.az. Goldman Sachs strategists, led by Timothy Moe, have revised their forecast on Asian stocks, noting more favorable macroeconomic environment and increased transparency in tariffs. The 12-month target mark on MSCI Asia Pacific index, excluding Japan, was raised by 3% to 700 points, which corresponds to a 9% growth potential in dollar terms, Bloomberg reports.

Experts also raised the rating of Hong Kong stocks, noting them among the main beneficiaries of the weakening dollar amid the policy easing cycle of the U.S. Federal Reserve System. In addition, according to strategists, the Philippines and Taiwan will show the greatest positive reaction to those factors.