Xin Lang Cai Jing·2025-06-23 01:32Group 1 - Multiple foreign institutions have raised their growth forecasts for the Chinese economy, indicating a strong bullish sentiment towards Chinese assets [1][3] - Goldman Sachs maintains an "overweight" stance on the Chinese stock market, citing a stronger RMB against the USD and improved corporate earnings outlook [1] - Morgan Stanley has adjusted its target for Chinese stock indices upward, predicting a 5% increase for the MSCI China Index, Hang Seng Index, and Hang Seng China Enterprises Index, and a 3% increase for the CSI 300 Index by June 2026 [1] Group 2 - UBS's China equity strategy head noted increased interest in Chinese stocks among investors during recent roadshows in Europe and Asia, with a shift from underweight to neutral or even overweight positions [1][2] - Despite global uncertainties, investors recognize the relative attractiveness of Chinese stocks, although there remains a cautious stance towards emerging markets overall [2] - China's economic resilience is highlighted by strong domestic demand and significant growth in high-tech manufacturing, with retail sales growth reaching 6.4% year-on-year in May [2] Group 3 - Morgan Stanley has revised its GDP growth forecasts for China, increasing them to 4.5% and 4.2% for the next two years, while Deutsche Bank has raised its 2025 GDP growth prediction by 0.2 percentage points to 4.7% [3] - Goldman Sachs has also upgraded its GDP growth forecasts for Q2 and the second half of the year, along with a 0.6 percentage point increase for 2025 [3]