Goldman Sachs: If China and the United States reach a trade agreement, the Chinese stock market may rise by 11%.

According to the Zhixin Finance APP, Goldman Sachs has raised its target for Chinese stocks, citing improving prospects for a trade agreement between China and the United States, which will eliminate a key uncertainty factor in the market. Goldman Sachs has raised its 12-month target for the MSCI China Index from 85 points to 90 points, indicating an 11% upside from last Friday's closing price.