Following yesterday's report that "more and more Wall Street banks are saying it's time to buy Chinese stocks", today's CNBC headline said again that "global investors are still snapping up Chinese stocks".

Overseas Chinese equity funds had net inflows of $16.6 billion in January, the fourth monthly inflow of more than $10 billion since the outbreak, according to EPFR Global, a research firm. Net inflows in December were close to $11 billion, the data show.

Cameron Brandt, director of research at EPFR, told CNBC last week:

In fact, investor interest in China has increased since the fourth quarter of last year. I think what is driving this trend is the view held by investors, especially institutional investors, that is,For a variety of reasons, China is a safer place to invest in emerging markets this year."

Brandt says the latest wave of buying has come from institutional investors, not retail investors.

Over the past few months, global investment companies have become increasingly bullish on A-shares.

Jason Hsu, chairman and chief information officer of global consulting firm Rayliant, said in a telephone interview with CNBC last week:

"The Chinese market is a "good contrarian investment option" this year because the local market is entering a period of easing and the Fed is entering a tightening cycle."

Goldman Sachs Group and Bernstein (Bernstein) are so optimistic that they have released lengthy reports bullish on A-shares in the past few weeks.

Kinger Lau, chief China equity strategist at Goldman Sachs Group, and his team said in an 89-page report on Sunday:

"We believe that with the continuous opening up and reform of China's capital market at any time, Chinese A-shares with $14 trillion in asset classes have become more worthy of investment."

Sylvia Sheng, global diversified asset strategist at JPMorgan Chase & Co Asset Management, said in a telephone interview Monday that opportunities in developed markets have improved since the beginning of last year, prompting the company to take a neutral view of the Chinese stock market. But she pointed out, "In fact, we want investors to become more optimistic about the Chinese stock market."

Xuan Wei, chief strategist at Huaxia Fund, said in a report that it will take time for the market to restore confidence, but it is not time to be too pessimistic. There are opportunities for new energy and technology growth stocks, he added.

In recent years, the Chinese market has provided more and more business opportunities for international investment companies.

Brendan Ahern, chief investment officer of Kraneshares, a Wall Street financial institution, said:

"One of the reasons for our optimism is that China has really opened up on a large scale in our field."

KWEB, one of the company's ETF funds focused on Chinese internet companies, is up 3.8 per cent this year after falling more than 50 per cent in 2021.