PANews reported on March 26 that Goldman Sachs released its latest research report, saying that after Chinese stocks rose by about 20% this year, more fundamental-driven gains are expected, but reiterated that the bull market may slow down due to event risks and profit-taking pressure. Analyst Kinger Lau and others pointed out in the report that based on a survey of investors, stock investors seem to be relieved about concerns about US tariffs based on macro and policy reasons. The reason may be that some investors believe that compared with the trade war 1.0, China currently seems to be more capable of coping with external demand headwinds due to reduced direct exports to the United States and improved product competitiveness. Most investors recognize that China's artificial intelligence narrative is a game changer, although questions and debates about the potential benefits of artificial intelligence have surfaced. It is expected that the widespread application of artificial intelligence will increase China's earnings per share forecast by 2.5% each year over the next decade and bring potential portfolio inflows of more than US$200 billion.
Goldman Sachs: It is expected that the widespread application of AI will bring more than $200 billion in potential portfolio capital inflows
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