Goldman Sachs is raising its forecast for the MSCI China Index, citing improved prospects for the Chinese economy thanks to a tech firm called DeepSeek. The investment bank now predicts the index will reach 85 in the next year, up from 75 previously, representing a 16% gain. This follows other bullish calls on Wall Street as the country’s technological advancements spark optimism.
Source: https://www.bloomberg.com/news/articles/2025-02-17/goldman-raises-msci-china-target-as-deepseek-improves-outlook