Chinese assets are still "undervalued"! Since October, the scale of overseas-listed Chinese stock ETFs has surged

Since October, the scale of Chinese stock ETFs listed overseas has significantly increased. Currently, the total scale of the five major Chinese stock ETFs listed in the United States has reached USD 29.689 billion, an increase of USD 10 billion compared to the end of September. The net inflow in October was USD 15.16 billion, indicating foreign investors' optimistic sentiment towards Chinese assets. Analysts believe that as the fundamentals of the Chinese economy stabilize and with the support of stimulus policies, capital inflows will continue. The Federal Reserve's interest rate cuts may drive the appreciation of the RMB, attracting more foreign capital. Goldman Sachs expects the potential return rate of A-shares and Hong Kong stocks to be around 20% over the next 12 months