Goldman Sachs maintains an overweight on China A-shares, citing superior Sharpe ratios versus regional peers driven by an improved growth outlook, favorable liquidity, diversified return sources and exposure to hard‑tech, AI-related names. It downgra

2026-06-03

Goldman Sachs maintains an overweight on China A-shares, citing superior Sharpe ratios versus regional peers driven by an improved growth outlook, favorable liquidity, diversified return sources and exposure to hard‑tech, AI-related names. It downgraded Hong Kong stocks to market weight, saying the opportunity cost of staying overweight has risen and preferring targeted alpha themes or waiting for confirmation of its expected earnings-growth path before increasing beta exposure.