Zhong Guo Zheng Quan Bao·2025-11-19 21:36Group 1 - Several foreign institutions have raised their target index levels for the Chinese market in 2026, indicating a positive outlook for long-term investment in Chinese assets [1][2] - Morgan Stanley has set the target for the CSI 300 index at 4840 points by December 2026, citing moderate profit growth and stable valuations as key factors [2] - UBS has set the target for the MSCI China Index at 100 points by the end of 2026, predicting inflows from domestic and foreign investors to boost overall valuations [2] Group 2 - There is a clear trend of increasing foreign investment in Chinese assets, with UBS reporting a slight increase in China allocations across various funds in Q3 [3] - Foreign institutions have conducted over 1300 surveys of A-share listed companies since the beginning of Q4, indicating strong interest in the A-share market [3] - Notable foreign institutions like JPMorgan and BNP Paribas have increased their allocations in A-shares, focusing on sectors such as electrical equipment, chemicals, and software services [3] Group 3 - The ongoing improvement of the Qualified Foreign Institutional Investor (QFII) system is expected to enhance the convenience of cross-border investment, supporting the influx of foreign capital [4][5] - The China Securities Regulatory Commission (CSRC) is working on optimizing the QFII system to attract more long-term foreign capital, including measures to streamline approval processes [5] - The CSRC aims to establish a transparent and comprehensive legal framework for foreign investment in the capital market, enhancing the stability and predictability of the investment environment [5]