瑞银：国际投资者对中国市场信心增强

Core Viewpoint - Global investors are increasingly confident in the Chinese market, particularly in A-shares and Hong Kong stocks, following positive changes in macroeconomic policies since September of last year [1] Group 1: Investor Sentiment - UBS's China head, Fang Dongming, noted a growing interest in Chinese assets among global investors, driven by improvements in company fundamentals and valuation recoveries [1] - The attractiveness of Hong Kong stocks is enhanced compared to US dollar assets, with the pegged exchange rate of the Hong Kong dollar to the US dollar further boosting demand [1] Group 2: Market Performance Outlook - Fang Dongming believes that A-shares are expected to catch up with Hong Kong stocks due to their market depth and valuation advantages [1] - The overall underweight position of international investors in Chinese assets is not expected to persist [1]