Foreign institutions collectively have high hopes for the Chinese stock market. Goldman Sachs has upgraded Chinese stock ratings twice in the past month.

Against the backdrop of a comprehensive financial policy and tariff adjustments, the A-share market has shown some recent progress, with the Shanghai Composite Index briefly reaching 3400 points. Major Wall Street banks have successively raised their target points for important indices. First Financial has learned that in the latest research report, Goldman Sachs has raised the target points for the MSCI China Index and the Shanghai and Shenzhen 300 Index to 84 and 4600 points, respectively, corresponding to potential upside of 11% and 17%. At the same time, the company maintains an overweight rating on Chinese stocks. This is the second time in the month that Goldman Sachs has raised its rating on Chinese stocks. On May 8, the company maintained a positive rating on the Chinese stock market and raised the 12-month target points for the MSCI China Index and the Shanghai and Shenzhen 300 Index from the previous 75 and 4300 points to 78 and 4400 points, respectively, corresponding to potential upside of 7% and 15%. At that time, the central bank and two other departments jointly issued several financial policies. Goldman Sachs believes that the comprehensive easing policy is targeted, focusing more on the demand side, and is clearly aimed at stabilizing the real estate market, supporting the development of small and medium-sized enterprises, promoting shareholder returns, and cultivating a stable and healthy stock market. Goldman Sachs stated that as of May 14, the Chinese stock market has fully recovered the ground lost since the U.S. "freedom day," with the MSCI China Index, the Shanghai and Shenzhen 300 Index, and the Hang Seng Tech Index all surpassing their early April highs by about 2% to 4%.