Goldman lifts China stock target on AI-driven gains

Goldman Sachs has updated its projections for Chinese stocks, raising the 12-month target price for the CSI300 index to 4,700, an increase from 4,600.

The target for the MSCI China index has also been raised to 85, up from 75.

This revision aligns with the recent surge in Chinese technology stocks, which have seen their strongest rally in over two years.

Market sentiment improved following DeepSeek’s advancements in AI.

As of Feb. 17, the CSI300 index was reported at 3,954.

Recent Goldman Sachs developments

Timeline
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