Goldman Sachs has reiterated its bullish stance on Chinese equities, forecasting a more than 10% rally in the CSI 300 Index to 4,600 by year-end.
Despite ongoing investor caution and a tepid first half, the bank expects a stronger performance in the second half of 2025, supported by
- policy easing,
- improving corporate earnings,
- and stabilising macro indicators.
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Goldman Sachs maintains an “overweight” rating on both onshore A-shares and Chinese stocks listed overseas, citing attractive valuations and the potential for capital inflows as sentiment turns.
Goldman’s optimism contrasts with the still-muted tone among global investors, but it suggests a growing belief that Beijing’s efforts to support the economy and revive confidence may be starting to gain traction.
This article was written by Eamonn Sheridan at www.forexlive.com.
