BEIJING, Aug. 25 (Xinhua Silk Road) -- Since the beginning of August, multiple foreign-funded institutional investors have expressed optimism about the increasing opportunities in China's more balanced stock market, reported Securities Daily on Tuesday.
These institutions of varied types, including China offices of foreign sovereign funds and asset management institutions, conducted intensive surveys of A-share listed companies.
By Monday, more than 590 foreign-funded institutions altogether carried out 4,630 surveys of A-share listed firms this year, preferring industry leaders in sci-tech-driven sectors and manufacturing field, according to data from financial data service provider Wind.
In the past weeks of August, 146 foreign-funded institutions conducted 354 surveys of A-share companies, focusing on those involved in innovative drugs, AI computing power, optoelectronic industrial chains, new energy materials, and advanced manufacturing sectors.
According to market players, these surveys reflect searches for core assets that are competitive across the globe and represent latest trending developments in related industries, the report said.
Currently, positive factors are accumulating for China's A-share market, which boasts relatively independent opportunities for diversified growth, and recent market revisions may offer chances for long-term investment, according to market watchers.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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