According to TechFlow, on May 15, Jinsight Data reported that Goldman Sachs released a report on May 15, raising the 12-month targets for the MSCI China Index and the CSI 300 Index to 84 points and 4,600 points respectively (implying potential upside of 11% and 17%). The firm maintains an overweight rating on Chinese equities and recommends focusing on multiple key themes to capture thematic excess returns. In the domestic demand-driven sectors, Goldman Sachs believes that the internet and service industries will benefit from consumption recovery and accelerated digital transformation. Additionally, under the current cycle of policy easing, valuation recovery is expected for high-quality regional banks and leading real estate enterprises.

According to TechFlow, on May 15, Jin10 Data reported that Goldman Sachs released a report on May 15, raising the 12-month targets for the MSCI China Index and the CSI 300 Index to 84 points and 4600 points respectively (with potential upside of 11% and 17%), maintaining an overweight rating on Chinese stocks. The report suggests focusing on multiple key themes to capture thematic excess returns. Within domestic demand-driven sectors, Goldman Sachs believes that the internet and service industries will benefit from consumption recovery and accelerated digital transformation. Meanwhile, in the current policy easing cycle, valuation recovery is expected for quality regional banks and leading real estate companies.

Goldman Sachs: Maintains Overweight Rating on Chinese Stocks