0640 GMT - Investors in China have become slightly more sanguine about the outlook for the country's macro economy and market, according to Goldman Sachs. Thanks to DeepSeek's advancements and the latest AI tech developments, some green shoots appearing in the property sector and Beijing's more friendly attitude toward private enterprises, onshore investors have turned more positive on China, GS analysts writes in a note. That said, their expectations for the coming "Two Sessions" meeting appear low due to limited policy signals, the analysts say. GS also notes clients' low expectations for other fiscal numbers, such as the issuance quotas for central and local government special bonds. Investors are also watching for Chinese authorities' detailed implementation strategy for boosting consumption, normalizing inflation and stabilizing the property sector, it adds. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
March 03, 2025 01:41 ET (06:41 GMT)
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