The consensus among foreign investors to "reassess Chinese assets" continues to broaden. Since December, a multitude of foreign institutions, such as Goldman Sachs, JPMorgan Chase, Morgan Stanley, and UBS, have intensively issued their forecasts for China's stock market in 2026. (Here, "intensively" aptly conveys the frequent and concentrated nature of these releases, aligning with the original intent while enhancing readability.) Goldman Sachs highlighted that the nascent stage of a gradual bull market in China's stock market is taking shape, projecting a 38% increase by the end of 2027. This growth momentum is primarily attributed to earnings realization and moderate valuation expansion. Goldman Sachs posits that breakthroughs in AI technology, shifts in consumption patterns, intensified corporate overseas expansion, and targeted policy support have synergistically propelled this trend. Furthermore, the continuous influx of both domestic and foreign capital has markedly enhanced the diversification value and investability of China's stock market. JPMorgan Chase observed that with a significant reduction in market volatility and an increasing level of institutionalization, a performance-driven "gradual bull" trend has been established in the A-share market. It forecasts a return potential of 15% to 20% for the MSCI China Index, CSI 300 Index, and MSCI Hong Kong Index in 2026. Institutions like Morgan Stanley and UBS also concurred that, propelled by improvements in corporate earnings, ongoing technological innovation breakthroughs, and appealing valuations, Chinese assets have a robust foundation for a sustained rebound.