To The Moon

Citigroup analysts calculated that the enlarged buyback plan was “likely the largest share repurchase program ever in China’s internet sector.”

BlackRock Inc. fund managers even argued that Hong Kong-traded stocks have become “extremely attractive” after recent declines, Bloomberg reports.

The trillion-dollar asset management giant Capital Group has recently increased its positions in Chinese stocks.

The fourth largest overseas Chinese stock fund "JPMorgan Funds - China Fund" has a latest size of US$5.432 billion. In February, the fund increased its holdings in Ping An, and during the same period, it also increased its holdings in China Overseas Land & Investment. The stocks with relatively large reductions include WuXi Biologics. .

For another example, the second largest overseas Chinese stock fund is「 JPMorgan Funds - China A-Share Opportunities Fund」, with the latest managing size exceeding 40 billion yuan. The top ten major positions of the fund did not change much in February, with a small reduction in Wuliangye Yibin Co and a small increase in Baosight Software. letter software.

According to research firm EPFR Global ：Mainland Chinese stock funds saw net inflows of $16.6 billion in January — only the fourth time since the pandemic that monthly inflows have exceeded $10 billion.

Institution‘s attitudes towards Chinese stocks:

• Goldman’s chief China Equity Strategist Kinger Lau and his team said in an 89-page report in February mentioned: “We believe China A shares, a US$14tn asset class, have become more investable given the ongoing liberalization and reform measures in the Chinese capital markets.”
• Goldman Sachs Asia Pacific strategist Timothy Moe said in an interview with Bloomberg on March 14 that going forward, stock prices may still be relatively volatile, but the earnings of Chinese stocks in the next 12 months will be attractive.
• BlackRock Inc. fund managers even argued that Hong Kong-traded stocks have become “extremely attractive” after recent declines, Bloomberg reports.
• The head of a European asset management giant in China told Fund Jun, "Some overseas clients are still cautious, but our message to our clients is that investing in China is no problem for a long time."

Even With high external uncertainty, the stock market may remain highly volatile in 2022. However, judging from the trend of institutions, there may be some positive signals, China Is Likely The Safest Harbor Now.