外资对人民币资产投资热情持续升温

Group 1 - Recent foreign investment enthusiasm for RMB assets has increased significantly [6][7] - In April, foreign investors net increased their holdings of domestic bonds by 10.9 billion USD, indicating a strong willingness to invest [7] - By late April, foreign investment in domestic stocks turned into net buying, reflecting growing confidence in the Chinese market [7] Group 2 - The China Securities Regulatory Commission reported that foreign investors hold approximately 3 trillion CNY in A-share market, highlighting their importance [7] - As China's economy continues to develop, the capital market is expected to provide more opportunities for foreign investors to share in China's growth [7] - Joohee An from Future Asset Global Investment noted that foreign institutions are gradually increasing their asset allocation to China, anticipating limited downside risks in corporate earnings [7] Group 3 - Morgan Stanley's managing director highlighted that foreign investors, particularly long-term capital, have shown patience and enthusiasm, with net inflows since Q4 2024 [9] - Over 80% of investors at Morgan Stanley's recent conference indicated a likelihood of increasing their exposure to Chinese stocks [9] - The current valuation of the CSI 300 index is around 12 times earnings, making the Chinese market's valuation attractive [9] Group 4 - A survey by Bank of America revealed that more investors are seeking opportunities in China, with only 16% looking elsewhere, down from 26% the previous month [9] - 10% of investors have fully invested in China, indicating a strong commitment to the market [9]