AsianFin -- Easing trade tensions have triggered a significant shift in foreign investors’ outlook on Chinese stocks, with many expressing renewed optimism about China’s growth prospects.
Nomura Securities recently upgraded its rating on Chinese equities to “tactical overweight,” indicating plans to reallocate some funds from India back into China.
Meanwhile, Citi raised its year-end target for the Hang Seng Index by 2% to 25,000 points. Major asset managers including BlackRock, Allianz, and Robeco also highlighted multiple positive factors that are enhancing the appeal of Chinese assets.