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2025-02-17 11:17:48
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Goldman Sachs Raises Target Price for Chinese Stocks Driven by AI
Recently, Goldman Sachs announced in a report that it has raised the target price for Chinese stocks, expecting that the widespread application of artificial intelligence (AI) will drive corporate profit growth and could lead to $200 billion in capital inflow. Goldman Sachs believes that as AI technology continues to advance, Chinese tech companies are regaining the attention of investors. In the past week, Chinese tech stocks have experienced a strong rebound, achieving their best consecutive rise in over two years. One of the driving forces behind this surge is the AI leadership from DeepSeek.