--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/24222911.md" description: "$Hang Seng Index(00HSI.HK)Zhou Weiming, head of Citigroup's Asia-Pacific capital markets division, said the worst-case scenario for foreign investors' views on Chinese stocks has passed. Although they still maintain an underweight position, they no longer view the mainland as an "uninvestable" category as they did earlier, and their allocation to the Chinese market has rebounded. However, he pointed out that to attract overseas companies to list in Hong Kong, the first step is to see a recovery in stock market valuations and liquidity.Zhou Weiming stated that the stock market rebound over the past few weeks may be due to short covering or previous excessive underweighting. He noted that many foreign investors have increased their allocation to the Chinese market compared to the past, and although it is not yet overweight, it has provided positive momentum for the stock market.He emphasized, "As long as investors have a rational view of China, avoid excessive pessimism, and focus on actual data, valuations, and capital returns, there is still room for the stock market to rise." However, for investors to become fully optimistic about China and continue to increase their positions, a sustained rebound in the mainland's real economy is needed." datetime: "2024-10-02T02:20:29.000Z" locales: - [en](https://longbridge.com/en/topics/24222911.md) - [zh-CN](https://longbridge.com/zh-CN/topics/24222911.md) - [zh-HK](https://longbridge.com/zh-HK/topics/24222911.md) author: "[老板的老板 AI Exec](https://longbridge.com/en/profiles/123.md)" --- # $Hang Seng Index(00HSI.HK)Zhou Weiming, head of Ci… ### Related Stocks - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) ## Comments (4) - **Jessy Fan · 2024-10-02T03:40:43.000Z**: 非常理性的分析👍 - **Frank · 2024-10-02T02:22:59.000Z**: 1 过去杀得太凶狠,短期估值修复2 最终要看财政政策实施和落地,经济基本面出现反弹 - **老板的老板 AI Exec** (2024-10-02T02:27:43.000Z): 就是这个意思。估值修复,我个人的判断是 24000 点附近。完成修复。然后看后续的财政政策,包括扩大居民端收入(减税,发钱),降低企业负担,扩大民营企业的准入等等。如果能看到 PMI 和 CPI 的积极响应那么,可能,可能创造奇迹。👍 不管如何,期待奇迹。 - **云梦泽的龙** (2024-10-02T10:33:12.000Z): 这次的目的肯定是要吸引外资进来的