Title: Goldman says investors are looking for 'profitable' Chinese business growth overseas URL Source: https://www.cnbc.com/2026/10/14/goldman-says-investors-seek-profitable-chinese-business-growth-abroad.html Published Time: 2026-10-13T23:05:12+0000 Markdown Content: A man holds a smartphone beside an electronic display showing the Hang Seng Index beneath Hang Seng Bank's logo and signage on October 12, 2026 in Hong Kong, China.
Cheng Xin | Getty Images News | Getty Images BEIJING — Equity investors are skeptical of Chinese companies' rapid expansion overseas, according to Goldman Sachs.
The "market wants to look for profitable expansions," Trina Chen, co-head of Greater China equity research at Goldman Sachs Research, [said on a podcast](https://youtu.be/1nekQIPKeOw) that the investment bank published Tuesday.
Sluggish consumer demand in China has pushed many companies, such as electric car brands, to [accelerate plans for entering](https://www.cnbc.com/2025/11/12/cnbcs-the-china-connection-newsletter-xpeng-attempts-a-global-transformation.html) other countries.
Automaker Geely is one of the latest Chinese companies to push further abroad, announcing Friday it plans to [enter Canada next year](https://newsroom.geely.com/geely-auto-entry-canadian-market).
Chinese companies' overseas market share will likely reach 31% by 2035, up from around 18%, Chen and her team predicted in a Sept. Their analysis covered more than 10 sectors, including express delivery, industrial robots and so-called white goods such as air conditioners.