高盛证券：中国游戏规则已变，沪深300冲向4600点（英文版）

We raise China to overweight and increase our MXAPJ index target on higher earnings and valuations. We make several sector allocation changes and highlight regional stocks with China exposure along with our China-specific recommendations. n What happened? China’s coordinated forceful policy announcements have triggered a significant equity rally. The MSCI China index is +34% from the mid-Sep low and is now +31% ytd, one of best index performances globally. n Why did it happen? The equity mark