Goldman Sachs maintains an overweight stance on China’s A-shares and H-shares, citing AI-driven growth and liquidity support as key catalysts.
- Analysts expect H-shares to benefit further from AI advancements, while A-shares have room to catch up, potentially narrowing the performance gap.
- With global funds increasing exposure to China, H-shares could remain a preferred choice, though A-shares may see improved momentum in the near term.
- expects A-shares to outperform H-shares in the next three months
- A-share premium over H-shares has narrowed from 34% three months ago to 14%. If it returns to the past year's average, A-shares could have around 10% upside.
