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Goldman Sachs: The widespread adoption of AI over the next decade is expected to drive overall earnings of Chinese Stocks to increase by 2.5% annually.
Goldman Sachs' chief Analyst for China Stocks, Liu Jinjing, pointed out in a recent research report that investors' optimism regarding AI economic growth and benefits has contributed to the Hang Seng TECH Index and MSCI Chinese Index surging 27% and 19% respectively over the past month.
Hong Kong Stock Market Indicator | The Hang Seng Index shows reduced volume at high levels, highlighting cautious sentiment from both bulls and bears, while the funding sentiment is euphoric, institutions warn of risks.
① The Hang Seng Index's high position with reduced volume highlights caution from both bulls and bears; can it break through the 23,000-point barrier? ② The funding sentiment is exuberant, and Institutions warn of risks; what other non-AI hotspots are worth attention?
Who Are China's AI Winners Post-DeepSeek? Goldman Sachs Picks 30 Firms
Hong Kong stocks are moving | Travel Concept stocks are rising as the Spring Festival tourism market welcomes a good start. Institutions are bullish on the tourism demand still being strong.
Travel concept stocks rose, as of the time of writing, TONGCHENGTRAVEL (00780) increased by 6.96%, trading at 18.74 HKD; China Tourism Group Duty Free Corporation (01880) rose by 3.36%, trading at 49.2 HKD; TRIP.COM-S (09961) went up by 3.24%, trading at 541 HKD.
This Tongcheng Travel Holdings Insider Reduced Their Stake By 53%
Major bank rating | Bank of China International: Reiterates that Trip.com is the preferred stock in the travel Sector.
China Merchants International published a Research Report, citing travel data from the Spring Festival holiday in January to February this year, believing that overall tourism demand in China remains strong. The bank stated that while it reaffirms its optimistic view on the tourism Industry, it believes that recent incidents of electronic fraud related to Chinese citizens in Thailand may lead to a decrease in outbound travel demand to Southeast Asia.
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