Will A-shares teach Wall Street a lesson?

According to data from Morgan Stanley, as of November this year, foreign long-only funds have bought approximately $10 billion worth of stocks in the mainland China and Hong Kong stock markets, reversing the $17 billion capital outflow situation for 2024.

Winnie Wu, head of Asia-Pacific equity strategy at Bank of America, stated that given the strong performance of the U.S. market, the threshold for investing in China remains high. However, she emphasized that improvements in corporate earnings could change this situation, "The next phase of the rebound in the Chinese stock market will be driven by global funds."