Jing Ji Ri Bao·2026-01-07 23:46Group 1 - Major foreign institutions, including Goldman Sachs, JPMorgan, Morgan Stanley, and UBS, express optimistic expectations for Chinese assets in their 2026 market outlook [1] - Goldman Sachs predicts a 38% increase in the Chinese stock market by the end of 2027, while JPMorgan upgrades China's market rating to "overweight" due to reasonable valuations and light international investor positions [1] - Morgan Stanley slightly raises its target for the CSI 300 index to 4840 points by December 2026, and UBS sets a target of 100 points for the MSCI China Index, indicating a potential 14% upside from current levels [1] Group 2 - UBS analyst Meng Lei forecasts that the overall A-share profit growth rate will rise from 6% in 2025 to 8% in 2026, driven by GDP growth, corporate revenue increases, supportive policies, and the "anti-involution" policy [2] - JPMorgan's Liu Mingdi notes that the proportion of companies in the MSCI China Index with upward earnings revisions has risen significantly, indicating improved corporate quality through reduced capital expenditures and increased R&D investments [2] - The technology sector is highlighted as the most promising area for profit growth, with Paris Asset Management's Daniel Morris emphasizing its resilience due to a greater focus on services rather than goods exports [2] Group 3 - A report from Huatai Securities shows that as of December 20, 2025, global investment in Chinese assets through ETFs has seen a net inflow of $83.1 billion, with the technology sector receiving the most inflow at $9.5 billion [3] - Morgan Stanley reports that as of November 2025, foreign long-term funds have net bought approximately $10 billion in A-shares and H-shares, contrasting sharply with the $17 billion outflow in 2024 [3] - The trend indicates a significant inflow of passive foreign capital into the Chinese stock market, with active funds expected to increase their allocation to Chinese assets in the near future [3]