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A survey by U.S. financial giant JP Morgan Chase found that the percentage of overseas investors considering investment in China rose from 51% a year ago to 57%. The photo shows Shanghai.
A survey by U.S. financial giant JP Morgan Chase found that the percentage of overseas investors considering investment in China rose from 51% a year ago to 57%. Chinese media Reference News reported on May 31, citing a report by Hong Kong media South China Morning Post.
According to JP Morgan, global investors' appetite for investing in Chinese stocks, companies, and assets continues to grow, against the backdrop of rapid technological advancements and undervalued stock prices in China, the world's second-largest economy.
According to Kam Shing Kwang, JP Morgan's North Asia regional head, there is still significant room for growth in foreign investment in both markets, as investors continue to show strong interest in exploring new opportunities in Hong Kong and mainland China.
The survey was conducted during JP Morgan's annual Global China Summit, which was recently held in Shanghai, and the summit brought together over 2,900 corporate executives, regulators, and institutional investors from more than 30 countries and regions.
According to Kwang, overseas investors are poised to increase their investments in China for asset diversification.
Major Chinese companies in sectors such as artificial intelligence (AI), robotics, renewable energy, electric vehicles (EVs), and biotechnology are attracting attention from global investors due to their strong R&D capabilities and production cost advantages. Some companies in these sectors are considered world leaders, and if they raise funds overseas to support their global expansion strategies, they can easily attract investors.
According to Kwang, the majority of investors who attended the summit visited China to engage in direct dialogue with Chinese business leaders and inspect production facilities in and around Shanghai and Hangzhou. Hangzhou is home to hundreds of innovative technology companies. Investors' perceptions change only after actually experiencing the environment, more than through any amount of publicity and explanation. The enthusiasm of global investors aligns with the Chinese government's efforts to strengthen highly productive sectors to counter economic slowdowns.