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.

Read More

China's MIIT Launches AI Service Provider Initiative: Targeting 3,000 Key Firms by 2027 to Fuel Industry Intelligence

China's MIIT has launched a specialized campaign to cultivate AI application service providers. The plan aims to develop a multi-tiered ecosystem with over 2,000 providers by 2026 and at least 3,000 by 2027, focusing on industry expertise, technical proficiency, security awareness, and delivery capabilities to enable comprehensive AI adoption across sectors.

Read More