Core Viewpoint - Global institutional investors are increasingly optimistic about the growth prospects of emerging markets, particularly in Asia, as indicated by HSBC's latest "Emerging Market Investment Intentions Survey" [1] Group 1: Investor Sentiment - Over 60% of surveyed institutional investors believe that emerging market stocks will outperform developed markets, an increase from 49% in June [3] - The proportion of investors holding a bullish view on emerging markets has risen from 44% in June to 62%, while bearish sentiment has halved to 7% [3] - More than half of the respondents are optimistic about the prospects of the Chinese stock market, significantly up from about one-third in June [3][4] Group 2: Market Risks and Catalysts - 28% of respondents view "tariffs and trade tensions" as the biggest downside risk for emerging markets, followed by concerns about potential recessions in major economies [5] - 33% of respondents believe that "capital flowing out of the U.S. and being reallocated" is the main catalyst for positive emerging market performance, while 19% cite the recent rebound of the Chinese stock market as a positive factor [5] Group 3: Sustainable Development - The growth momentum of the Chinese economy is seen as a crucial factor influencing the overall direction of emerging markets [6] - 81% of respondents are considering incorporating sustainable development factors into their investment strategies, indicating a long-term trend towards ESG risk management and innovation [6] - The survey collected insights from 100 investors across 100 institutions, managing a total of $423 billion in emerging market assets [6]

Core Insights - Global institutional investors are increasingly optimistic about the growth prospects of emerging markets, particularly in Asia, with China's stock market being the top choice for investment [1][2] Group 1: Investor Sentiment - Over 60% of surveyed investors (61%) believe that emerging market stocks will outperform developed markets, an increase from 49% in June [1] - The proportion of investors holding a bullish view on emerging markets for the next three months rose from 44% in June to 62% [1] Group 2: Regional Focus - Most respondents expect economic activity in developing countries to accelerate over the next 12 months, with Asia identified as the region with the fastest net growth [1] - More than half of the respondents view the prospects of the Chinese mainland stock market positively, significantly up from about one-third in June [1] Group 3: Survey Details - The "Emerging Market Investment Intent Survey" was conducted between August 4 and September 15, gathering insights from 100 investors across 100 institutions, managing a total of $423 billion in emerging market assets [2]