Group 1 - Current valuations of the Chinese stock market are considered reasonable, with a general optimistic outlook from investors for the future [1] - A-shares have risen 25% since the low in April, while H-shares have increased over 35% since January, but these figures are not high compared to historical performance [1] - The expected price-to-earnings ratios for the Hang Seng Index and CSI 300 Index are 11 times and 14 times respectively, significantly lower than previous peaks [1] Group 2 - Foreign capital is expected to show a net inflow into A-shares by mid-2025, with foreign investors holding A-shares amounting to 3.07 trillion RMB by June 2025 [2] - The Hong Kong stock market is viewed positively due to its connection with many excellent Chinese companies and its higher degree of international integration [2] - There is a growing demand for global asset allocation among residents as China's economic development progresses, making the Hong Kong market a preferred destination for controlled international investments [2]
当前中国股市估值合理 投资者对后市普遍乐观
Zhong Guo Xin Wen Wang·2025-09-05 10:23