Goldman says AI could be a $200 billion game changer for China markets. But here’s why investors shouldn’t rush in.

Chinese stocks appear to be emerging from their postpandemic slumber thanks to an artificial-intelligence game changer that could help lure in $200 billion of investor money this year.

That’s according to Goldman Sachs strategists, who on Monday bumped their target on China’s CSI 300 index

XX:000300, up 0.3% so far this year, to 4,700 from 4,600, which they say implies a 19% price return from current levels.