Goldman Sachs has raised its 12-month forecasts for key Chinese stock indices
Adding a little more now:
GS estimate widespread AI adoption could boost Chinese earnings per share by 2.5% per year over the next decade
Improving growth prospects and perhaps a confidence boost could also raise the fair value of China stocks by 15-20%, and potentially usher in over US$200 billion of portfolio inflows
GS do express a note of caution:
"As promising as AI could be to China's growth trajectory, we believe forceful policy stimulus is still required to address deep-rooted macro challenges and drive sustainable equity gains."
GS also note China AI risks from:
usage and data privacyregulationnational securitydisinflationary pressurepotential tech export controls by western governments This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about more on goldman sachs ramping up its 12 month targets for chinese equity indexes was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( More on Goldman Sachs ramping up its 12-month targets for Chinese equity indexes )
Also on site :