Goldman Sachs picks Chinese stocks set to benefit from Covid reopening

Industrial production unexpectedly fell in April, as Covid controls halted or limited the ability of factories to operate. Pictured here on May 12 is a worker in washing machine production line at a Whirlpool (China) factory in Hefei, Anhui province.

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As Covid cases in mainland China drop, Goldman Sachs analysts say they’re “seeing light at the end of the tunnel.” Here are some of the stocks they say are poised to make the biggest comebacks if business activity returns to normal.