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Citi raised its target for the CSI 300 index next year to 4,600 points, a potential increase of about 14%.

On October 7th, the investment bank Citi said on Monday that China's economic stimulus measures this year may exceed market expectations, so the bank raised its target for the CSI 300 index next year to 4,600 points, a potential increase of about 14% from the current level, and set a target of 4,900 points by the end of next year. The bank also raised the target for the Hong Kong Hang Seng Index and the MSCI China Index to 26,000 points and 84 points by the end of June next year, about 13% and 12% above the current level. The target for the end of next year is 28,000 points and 90 points respectively. The bank upgraded the rating of the consumer sector to "overweight" and the rating of the real estate sector to "neutral".