The gauge surpassed that target in early October but has retreated since. It\u2019s on track to decline for its first month in six after a rally propelled by artificial intelligence optimism cooled. Investors are now closely watching this month\u2019s Fourth Plenum\u00a0meeting\u00a0and anticipated\u00a0talks between US President Donald Trump and China\u2019s President Xi Jinping for clues on the stock market\u2019s outlook.<\/p>\n
Further demand-side stimulus, profit growth driven partly by AI development and robust flows from both domestic and foreign investors are among factors helping to boost Chinese shares, according to Goldman. Earnings may increase 12% in the next three years, while equity multiples could jump 5%-10% from current levels, the broker added.<\/p>\n
Still, a cyclical macro slowdown in the fourth quarter and resurgent tariff risks \u201ccould be taken as profit-taking excuses,\u201d the strategists wrote. Unless those issues intensify, \u201cwe would stay invested and accumulate on corrections.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The gauge surpassed that target in early October but has retreated since. It\u2019s on track to decline for…\n","protected":false},"author":2,"featured_media":243025,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[28,119348,28222,112],"class_list":["post-243024","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-china-stock-market","tag-goldman-sachs","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/243024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=243024"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/243024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/243025"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=243024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=243024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=243024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}