International investment banking behemoth Goldman Sachs has recently made a substantial upward revision of the target prices for a number of prominent Chinese tech companies. These firms encompass Alibaba, Tencent, SenseTime, SMIC, and Hua Hong Semiconductor. Specifically, for Alibaba, the target price of its U.S.-listed shares has been elevated from $163 to $179. Meanwhile, the target price for its Hong Kong-listed shares has seen an increase from HK$158 to HK$174. SenseTime has witnessed an even more remarkable adjustment. Its target price was raised twice within a single month, resulting in a cumulative surge of 69%. Moreover, its rating has been upgraded to 'Buy.' Goldman Sachs has also adopted a more optimistic view towards Hua Hong Semiconductor. Additionally, it has assigned Tencent a 'Buy' rating, along with a target price of HK$701. The fundamental rationale behind these upward revisions stems from the combined impact of 'policy + demand + product strength.' Policies have bestowed institutional benefits upon leading AI companies. The business enhancements observed in these three companies lay the solid foundation for the upward adjustment of their valuations. Product competitiveness is exemplified by the full-stack capabilities of their enterprise-level solutions. Other international institutions have also jumped on the bandwagon, raising their ratings accordingly. This has fostered a consensus among foreign investors, who are now bullish on Chinese tech assets. It signifies a notable shift in the valuation landscape of Chinese tech assets. Looking to the future, the growth trajectory of China's tech industry will pivot around policy implementation, technological innovation, and commercialization capabilities. Leading companies are poised to redefine the valuation benchmarks for Chinese tech assets.