Lates News

On May 8th, Goldman Sachs released a research report stating that the resilience of the Chinese stock market is due to a weak US dollar, strong economic growth, and domestic policy support. Goldman Sachs maintained their "buy" rating for the Chinese stock market and raised their 2025 earnings per share forecast. They also raised the 12-month target points for the MSCI China Index and the CSI 300 Index to 78 points and 4400 points respectively. This implies potential returns of 7% and 15%. Recently, Goldman Sachs also raised their expected net inflow of funds from the Southbound trading link to China from 75 billion US dollars to 110 billion US dollars, citing funds flowing from the US to China, the growth and valuation advantages of H-shares, and the expansion of the Southbound investable range due to new IPOs and "return" listings.