Global investors’ appetite for Chinese equities, companies and assets continues to rise owing to rapid technological advancements and low valuations in the world’s second-largest economy, according to JPMorgan Chase.Kwang Kam Shing, chairwoman for North Asia at the biggest US bank, said that foreign investment in Hong Kong and mainland China remained at a low level historically, and investors were keen to explore fresh opportunities.“They still believe there’s a big or relatively big gap between the markets,” she said. “The valuation here is considered attractive, compared with the counterparts elsewhere.”The statement came after a JPMorgan survey of investors showed 57 per cent were considering investing in China, up from 51 per cent in the same period last year.The poll was conducted during JPMorgan’s Global China Summit in Shanghai last week, which drew more than 2,900 executives, regulatory officials and institutional funds from over 30 countries and markets.Kwang said international investors were set to increase their exposure to China for asset diversification.
Appeal of China assets keeps rising among global investors: JPMorgan
Cohort of international investors considering investing in China rises to 57 per cent from 51 per cent a year ago, survey says.
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