沪指连续站上3500点，外资看好中国市场上行潜力

Core Viewpoint - The article highlights the optimistic outlook of foreign investment institutions towards the Chinese market, driven by attractive stock valuations, improving fundamentals, and resilient consumer sentiment, suggesting potential for further upward movement in the market [1][5][8]. Market Performance - The Shanghai Composite Index (SSE) has shown strong performance, closing at 3534.48 points on July 18, marking a year-to-date high, with a 0.5% increase on that day. It has remained above 3500 points for seven consecutive trading days since July 10 [1][3]. - In the week of July 14-18, the A-share indices continued to rise, with the ChiNext Index leading with a 3.17% increase, while the SSE and Shenzhen Component Index rose by 0.69% and 2.04%, respectively [3][4]. Trading Activity - Trading activity has been robust, with a peak turnover of 1.71 trillion yuan on July 11, the highest in nearly four months. The average daily turnover for the week was 1.55 trillion yuan, an increase of 500.95 billion yuan from the previous week [4][5]. Foreign Investment Sentiment - Multiple foreign investment institutions express confidence in the Chinese market, citing attractive valuations and improving fundamentals. Wellington Management's Bo Meunier notes that the current trading prices of Chinese stocks are appealing from both relative and historical perspectives [5][7]. - Goldman Sachs and UBS have raised their forecasts for key indices, with Goldman Sachs projecting a target of 4600 points for the SSE 300, indicating about a 10% upside potential [7][8]. Sector Performance - The article identifies that the technology sector, particularly in AI, electric vehicles, and robotics, is gaining momentum, with foreign institutions like Fidelity International highlighting the growth potential of Chinese tech stocks [9][10]. Long-term Investment Trends - There is a growing interest from international long-term funds in Chinese assets, driven by early signs of profit recovery and relatively low foreign ownership in the market. This interest is seen as a catalyst for further market growth [11].