JPMorgan Chase Latest Forecast: CSI 300 Index Eyes 5200 by Year-End, AI Remains Core Investment Theme
JPMorgan's China equity strategist Zhang Xiaoning states AI hardware constraints will persist until 2028, with tech firms' investment-grade bonds indicating overblown debt concerns. The bank overweight China stocks, targeting CSI 300 at 5200 by end-2026. AI remains the core theme, with current pullback seen as healthy rotation. Foreign investors focus on policy support and infrastructure investment pace.
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