Goldman Sachs Shifts Focus from Hong Kong Stocks to Mainland China for AI Hardware Plays
Goldman Sachs has downgraded its rating on H shares and shifted focus toward mainland China's A shares, citing stronger growth in the AI hardware sector. The firm raised its 12-month target for the CSI 300 index and highlighted underperformance of Hong Kong tech stocks compared to their mainland counterparts.
Tickers: $GS
Topics: A shares vs H shares AI hardware China stocks Goldman Sachs