Goldman Sachs’ thematic investing team added China’s AI sector to its core recommendations.
The firm launched the Goldman Sachs China AI Value Chain portfolio to capture sector growth.
Their report, Investment Strategy: Long China’s AI Value Chain, identifies a significant valuation gap.
Economic benefits from Chinese AI could be 50% to 100% higher than current stock prices imply.
The Hang Seng China Enterprises Index surged intraday following the announcement.
China’s AI market cap remains small despite its substantial contribution to global AI revenue.