LONDON, July 29 (Reuters) - Goldman Sachs on Thursday lowered its view of China’s offshore equity markets to “market-weight” from “overweight” citing a disproportionately high index representation by tech and privately owned companies. The bank reiterated its overweight stance on Chinese A shares for their favourable sensitivity to potential fiscal policy easing in the second half of the year, higher index weights in areas where policy support could be strong, and still-robust buying potential. “Recent regulations have signalled that the Chinese authorities are prioritizing social fairness/stability over the capital markets in areas that are deemed public goods or important to strategic policy goals,” Goldman analysts said in a note. Chinese tech companies or privately owned companies were currently trading on attractive valuations, Goldman Sachs said. (Reporting by Tom Arnold; editing by Jason Neely) Our Standards: The Thomson Reuters Trust Principles.