Goldman Strategists Raise Asia Stock Targets, Upgrade Hong Kong

Goldman Sachs Group Inc. strategists raised their forecast for Asian stocks, citing a more favorable macro environment and greater certainty around tariffs.

The 12-month target on the MSCI Asia Pacific ex-Japan Index was lifted by 3% to 700, implying a 9% return in dollar terms during the period, strategists led by Timothy Moe wrote in a note Friday.