Goldman Sachs is bullish on Chinese assets again, giving AH shares an "outperform" rating

Zhitong
2025.04.17 23:01
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Goldman Sachs has given a "Outperform" rating to AH shares in its latest report, believing that A shares are more influenced by policy stimulus. It forecasts a potential increase of 12% and 15% for the MSCI China Index and the CSI 300 Index, respectively, over the next 12 months. Goldman Sachs is optimistic about the consumer sector, suggesting that small-cap stocks may perform better, especially the STAR Market 50 and the ChiNext Index. The price-to-earnings ratio of Hong Kong stocks is lower than that of U.S. stocks, attracting mainland investors, but the short-term outlook for A shares is more favorable