Recently, Goldman Sachs, a well-known global investment bank, released a highly anticipated report, announcing the hike of the Chinese stock market. The report specifically emphasized that the widespread use of artificial intelligence (AI) technology will become a key factor in driving the profit growth of Chinese companies and may attract up to US$200 billion of funds into the Chinese market in the future. Goldman Sachs analysts believe that with the continued advancement of AI technology, Chinese technology companies are becoming the focus of global investors again.
Chinese technology stocks have performed particularly well over the past week, experiencing a strong rebound, setting the best consecutive record for more than two years. One of the driving forces of this wave of upward trend is DeepSeek's major breakthrough in the AI field. This innovation not only demonstrates the R&D strength of Chinese technology companies, but also further stimulates the market's enthusiasm for the future potential of China's technology industry.
According to Goldman Sachs' forecast, the 12-month target price of the CSI300 index has been raised from 4,600 points to 4,700 points, and the target price of the MSCI China Index has also increased from 75 points to 85 points. At present, the latest quote for the CSI300 blue chip index is 3954 points, showing the market's optimistic expectations for the Chinese stock market. Goldman Sachs analysts pointed out that the rapid development of AI technology will bring new growth opportunities for Chinese companies, especially in the fields of technological innovation and digital transformation.
The market responded positively to this forecast, and investors have increased their investment in technology stocks. This change not only reflects confidence in China's economic recovery, but also reflects the re-understanding of the potential of China's technology industry by global investors. With the in-depth application of AI technology in various industries, Chinese companies are expected to occupy a more favorable position in future global competition.
Goldman Sachs' report also mentioned that the widespread application of AI technology will promote more companies to improve their profitability in the future, thereby attracting more foreign capital to flow into the Chinese market. As investors' attention to technology stocks continues to heat up, the market is looking forward to seeing more performance and development trends of AI-related companies. This will not only inject new vitality into the Chinese stock market, but will also further consolidate China's influence in the global technology field.
Key points:
Goldman Sachs raised its target price in China's stock market, and AI is expected to boost profit growth.
Chinese technology stocks have performed strongly recently, setting a record for the best consecutive gains.
The development of AI may bring in US$200 billion inflows, attracting foreign capital attention.