Goldman Sachs predicts that the Chinese stock market may rise by 30% by 2027, with policies and growth being key factors.

Foreign media: Goldman Sachs expects the Chinese stock market to rise by about 30% by 2027, mainly driven by policy support, accelerated earnings growth, and factors such as global and household asset reallocation.

It is expected that the compound annual growth rate of earnings will be 12%, with valuation expansion between 5% and 10%.

Despite the tense Sino-US relations, China's progress in artificial intelligence, the ambition of listed companies to expand globally, and the government-led new capacity reduction will support earnings growth remaining at a "low double-digit" level in the medium term.

Original: www.toutiao.com/article/1846678781119500/

Statement: This article represents the views of the author himself.