经济基本面向好、资本市场回暖势头日益显现——看多中国资产成外资共识

Group 1 - Multiple international investment banks have upgraded their ratings on Chinese assets from neutral to overweight, reflecting a consensus among foreign institutions on the positive outlook for Chinese assets due to improving economic fundamentals and ongoing financial reforms [1] - Foreign investment in Chinese assets has remained stable this year, with foreign holdings of domestic RMB bonds exceeding $600 billion and a net increase of $10.1 billion in domestic stocks and funds in the first half of the year, reversing a two-year trend of net selling [1] - The technology and artificial intelligence sectors have become focal points for foreign investment, with firms like Lipper and Invesco accelerating their portfolio adjustments [1] Group 2 - China's financial market connectivity has improved, enhancing the convenience for foreign participation, with a comprehensive financial market system that ranks second globally in market capitalization for both bonds and stocks [2] - Recent policy initiatives, such as allowing foreign financial institutions to offer similar services as domestic ones in pilot free trade zones, are expected to provide broader market opportunities for foreign entities [2] - The A-share market's recovery, with significant increases in major indices, has made it an attractive option for foreign investors seeking diversified asset allocation amid global market volatility [2] Group 3 - The stability of the RMB and its independent performance in global markets have made RMB assets a key choice for global investors looking to diversify risks and enhance returns, with 30% of surveyed central banks indicating plans to increase their allocation to RMB assets [3]