Over­seas in­vestors eye China

Global Times US Edition - - BIZUPDATE -

Off­shore in­sti­tu­tional in­vestors are op­ti­mistic about in­vest­ing in China, said a sur­vey re­leased by Lon­don-based Stan­dard Char­tered on Tues­day.

The sur­vey in March gath­ered re­sponses from over 180 in­vestors, reg­u­la­tors and cus­to­di­ans in Asia, Europe and North Amer­ica, gaug­ing their views on is­sues im­pact­ing in­vestors want­ing to ac­cess China’s on­shore mar­kets.

Eighty-eight per­cent of the in­ter­viewed in­vestors said they were cur­rently in­vest­ing in China, up from 69 per­cent in 2017. Among those in­vest­ing in China, 76 per­cent said they would in­crease their China in­vest­ments.

The sim­plic­ity, clar­ity and flex­i­bil­ity of new ac­cess mech­a­nisms such as Stock Con­nect and Bond Con­nect were the main rea­sons for the pos­i­tive sen­ti­ment.

Over three quar­ters of the re­spon­dents said that the new chan­nels have greatly in­flu­enced their de­ci­sion to in­crease their in­vest­ment. When con­sid­er­ing fu­ture in­vest­ment, 43 per­cent plan to use Stock Con­nect and 23 per­cent Bond Con­nect.

Mar­garet Har­wood-Jones, global head for se­cu­ri­ties ser­vices of trans­ac­tion bank­ing at Stan­dard Char­tered, said sen­ti­ment to­ward China has never been bet­ter, with more peo­ple in­vest­ing in China than ever be­fore.

“The re­sults of our sur­vey show that China ac­cess is mov­ing into a new era, one where con­cern over reg­u­la­tion gives way to more prac­ti­cal con­sid­er­a­tions. The de­ci­sion about whether to in­vest in China is no longer a ques­tion of if, but when.”

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