GS Proprietary Economic Indicators Exhibit 1: Our China Current Activity Indicator (CAI) edged up to +4.6% mom annualized sa in May, vs. +2.9% in April Source: Goldman Sachs Global Investment Research, NBS, CEIC Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to www.gs.com/research/hedge.html. 24 June 2026 | 9:49AM HKT Economics Research GS China Econ Proprietary In ...