CCTV News: Recently, many foreign institutions have released reports, optimistic about China's assets.
The latest report from Goldman Sachs Group in the United States believes that the Chinese stock market has ushered in its best start in history this year. With recent breakthroughs in China's artificial intelligence and other fields, as well as increasing policy support for technological progress, more and more overseas investment institutions have begun to consider increasing their holdings in Chinese stocks.
In its recent report, Citi analysts raised the rating of China's stock market from "neutral" to "overweight"; HSBC also raised the investment rating of Chinese stocks from "neutral" to "higher". Many foreign institutions have begun to reassess the value of China's assets, especially the valuation of technology stocks.
Wang Xinjie, chief investment strategist at Standard Chartered China Wealth Solutions Department, said: "The value revaluation of a technology stock driven by DeepSeek has also driven the prospect of a whole China's asset revaluation. We see that the overall Chinese technology stocks have begun to attract market attention."
Duan Bing, an analyst at Nomura China's technology and telecommunications industry, said: "We believe that the development momentum of China's technology innovation field is very strong, and we are also very optimistic about the future development direction."
JP Morgan believes that the revaluation of the value of Chinese technology stocks will continue, and the average annual return rate can reach 7.8% in the next 10-15 years. "Now is the best time to recommend global investors to increase their allocation of assets to Chinese stocks." Goldman Sachs believes that it should continue to increase its holdings in China's H shares and A shares. Institutions such as Forda International and BlackRock Fund said that from the perspective of the global market, with the advancement of technological innovation, China is expected to produce more exciting innovative concepts.
