On May 8, Goldman Sachs released a research report saying that China's stock market remains resilient due to the weakening US dollar, strong economic growth, and domestic policy support. Goldman Sachs maintained its “gain” rating on the Chinese stock market and raised its 2025 earnings per share forecast, raising the 12-month target points of the MSCI China Index and the Shanghai and Shenzhen 300 Index to 78 and 4,400 points, respectively, which means that their potential returns are 7% and 15%, respectively. Recently, Goldman Sachs also raised its forecast for net southbound capital purchases from US$75 billion to US$110 billion for the whole year. The reasons include capital flows from the US to China, the growth and valuation advantages of H shares, and the expansion of the scope of southbound investment due to IPOs and “return” listings.

Zhitongcaijing · 05/08 05:49
On May 8, Goldman Sachs released a research report saying that China's stock market remains resilient due to the weakening US dollar, strong economic growth, and domestic policy support. Goldman Sachs maintained its “gain” rating on the Chinese stock market and raised its 2025 earnings per share forecast, raising the 12-month target points of the MSCI China Index and the Shanghai and Shenzhen 300 Index to 78 and 4,400 points, respectively, which means that their potential returns are 7% and 15%, respectively. Recently, Goldman Sachs also raised its forecast for net southbound capital purchases from US$75 billion to US$110 billion for the whole year. The reasons include capital flows from the US to China, the growth and valuation advantages of H shares, and the expansion of the scope of southbound investment due to IPOs and “return” listings.