当前位置 : International Daily News

Foreign institutions increase investment as China's policies drive market optimism 发布日期:2024/11/15 来源:International daily 打印

Foreign institutions increaseinvestment as China's policies drive market optimism.jpg

Foreign businesses in China are increasing their investments and asset acquisitions in the country following the recent introduction of a series of expansionary fiscal, monetary and financial policies by the Chinese government.

Fang Dongming, head of China Global Markets at UBS, noted that recent proactive economic policy initiatives present an opportunity for foreign companies to increase their investments in China.

"Now there is an overall policy orientation of focusing on the economy. Focusing on China and increasing investment here, this is a trend. It is very important for us at UBS and our clients to seize this opportunity," he said.

Since late September, when China's central bank and the China Securities Regulatory Commission introduced a series of policies aimed at revitalizing the economy, investor activity has surged, with a 29 day streak of China's A-share market hitting more than one trillion yuan (about 138 billion in U.S. dollars) in daily volumes. In response to the longest such run since 2015, many foreign institutions have published research reports expressing optimism about Chinese markets.

"First we need to look at the growth potential, and second is the valuation and the relative demand for global portfolio diversification. Overseas investors have the need to invest in the Chinese stock markets," Fang said.
Fang's view is shared by Sun Yu, general manager of the securities research department at HSBC Qianhai Securities Limited. Sun and his team have received a surge of requests from overseas investors to survey sub-sectors related to new quality productive forces and provide professional investment advice and market analysis.

"We are conducting 20 to 30 company surveys per week. Compared to September, the frequency of our research has seen a significant increase, reflecting a notable improvement in investor sentiment, especially among global investors," Sun said.

From September 24 to November 8, the sample foreign funds tracked by Sun and his team saw a net inflow of over 10 billion U.S. dollars into the Chinese stock market.

"For Asian funds, their allocation to the Chinese market has basically returned to the highest level in the past five years," Sun said.

According to several foreign investors, as China's economic fundamentals continue to improve, long-term overseas capital waiting on the sidelines is expected to accelerate its flow into the Chinese market.

    24小时最新动态

    热点排行

    图片新闻

國際日報 (International Daily News)版權所有. 提醒:業者若未經許可,擅自引用國際日報網內容將面對法律行動. 第三方公司可能在國際日報網站宣傳他們的產品或服務, 您跟第三方公司的任何交易與國際日報網站無關,國際日報將不會對可能引起的任何損失負責. 信息網絡傳播視聽節目許可證:2032302 互聯網新聞信息服務許可證-45122353001  X公網安備 450103024350154號 互聯網出版許可證(X)字003號
©国际日报网版权所有