Solid evidence! Significant increase in foreign investment, latest data revealed!

Latest data confirms that foreign capital is accelerating its position in Chinese assets! On the evening of October 3, the latest information disclosed by the Hong Kong Stock Exchange showed that JPMorgan Chase bought CPIC H shares for HKD 267 million, BYD H shares for HKD 1.791 billion, Tsingtao Brewery H shares for HKD 242 million, and Hong Kong Exchanges and Clearing Limited H shares for HKD 1.813 billion on September 27. This means that in just one day, JPMorgan Chase spent over HKD 4.1 billion to sweep up Chinese assets. In addition, data disclosed on the evening of October 2 showed that JPMorgan Chase increased its holdings of China Ping An H shares by HKD 1.771 billion on September 26, and increased its holdings of China Merchants Bank H shares by HKD 895 million on September 25. On October 3, HSBC upgraded its rating on Chinese mainland stocks from neutral to overweight. Citigroup also upgraded the ratings of several A-share companies. Earlier, BlackRock also upgraded its rating on Chinese stocks from neutral to overweight. Despite a pullback in the Hong Kong stock market on the same day, with the Hang Seng China Enterprises Index falling by 1.58%, fund managers stated that due to stimulus measures, the outlook for China has changed. Fredrik Bjelland, portfolio manager of the emerging market fund Skagen Kon-Tiki, said, "There is still a long way to go for the rebound, and China's valuation is very attractive. In addition, compared to history, global investors are very underweight in their positions." Laura Wang of Morgan Stanley stated that with the Chinese government possibly announcing fiscal measures to boost the already announced stimulus plan, the Chinese stock market may rise by another 10% to 15%