China's stock market hits a 10-year high! Foreign capital accelerates inflow, can it rise more than 10% in the future?
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The Chinese stock market continues to rise under the support of the US-China trade agreement and government backing. On August 19, the Shanghai Composite Index reached a new high of 3,746.67 points, with a cumulative increase of 11%. Analysts from Goldman Sachs and JPMorgan Chase are optimistic about a growth potential of 10% to 15% in the Chinese stock market over the next 12 months, particularly in bank stocks and technology stocks. Foreign capital is flowing in rapidly, with South Korean investors focusing on leading companies in the fields of new energy vehicles, the internet, artificial intelligence, and semiconductors
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