高盛维持对中国股票的超配评级，外资为何纷纷看好中国股市？

Group 1 - Foreign institutions have expressed optimism about the Chinese stock market, with several firms including Goldman Sachs, Nomura, UBS, and Invesco recommending overweight or buy ratings [2] - Goldman Sachs raised its 12-month targets for the MSCI China Index and the CSI 300 Index to 84 points and 4600 points, indicating potential upside of 11% and 17% respectively [2] - The recent US-China trade talks resulted in a significant reduction of tariffs, with both sides canceling 91% of tariffs and pausing 24% of tariffs for 90 days, leading to a lower actual tariff rate of 10% [3][4] Group 2 - The easing of tariff pressures is expected to positively impact the fundamentals and profitability of listed companies, which in turn could benefit stock prices and the overall market [4] - In addition to trade talk outcomes, continuous improvement in China's economic fundamentals, expectations of monetary and fiscal easing, and attractive valuations in the stock market are contributing factors to the positive outlook from foreign institutions [5] - Despite the favorable news, the Chinese stock market has not yet broken upward due to significant selling pressure above 3400 points, indicating a need for a combination of policy, fundamental, liquidity, and sentiment support for a breakthrough [5]