Goldman Sachs Expects Chinese Stocks to Gain 30% Through 2027

Goldman Sachs Group Inc. expects China’s key stock index to gain 30% by end-2027, supported by pro-market policies, rising profits and strong money flows.

“We now call for a more sustained uptrend for China equities,” strategists including Kinger Lau wrote in a note dated Wednesday. The nation’s stocks are poised for a less volatile advance, “reminiscent of an equity cycle transition from hope to growth.”