Invesco's global market strategist for the Asia-Pacific region (excluding Japan), Zhao Yaoting, said at Invesco's 2024 global investment outlook media exchange that he looked forward to the profit growth of Chinese companies next year. Currently, the valuation of Chinese stocks is relatively low, and I think profit expectations are somewhat too conservative. Focusing on China, Zhao Yaoting believes that as more real estate measures aimed at stabilizing the market begin to play a role in the economy, consumer sentiment may improve in the second half of this year. In addition, China's manufacturing exports are still the "bright spot" of the economy, and this economic booster is still very strong. Zhao Yaoting expects to see further fiscal and monetary stimulus policies from China in the near future, which could promote China's economic growth, although the intensity may not be as great as last year. I am bullish on the stock market and I think emerging markets and Chinese stocks are very attractive because their valuations are very appealing.
景顺：当前中国股市调整是“健康”的，制造业出口仍是经济的“璀璨之星”
Invesco: The current adjustment of the Chinese stock market is "healthy", and the export of manufacturing industry is still the "brilliant star" of the economy.
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