Original title: investors in China: be optimistic about China's financial market. At present, Chinese stocks are more attractive than those in Europe and the United States.

According to a report by Reuters on August 5, a number of investors in China said at the Reuters Global Market Forum on the 4th that China's recent regulatory measures in education, science and technology, and other industries, has not affected the optimism of international investors towards the Chinese market as a whole; compared with the riskier European and American stock markets, the current Chinese stocks are "more attractive."

Recently, Chinese regulators have successively investigated and regulated Internet technology companies in areas such as antitrust and data security. at the same time, with the implementation of the "double reduction" policy on July 24, off-campus training institutions have also suffered a "nuclear attack". Education stocks fell as soon as the news came out. Last week, the selling mood expanded from education stocks to Chinese stocks as a whole.

However, many investors in China still have a positive view on the changes in China's financial market. AIA Group Limited(AIA) Chief Investment Officer Mark Konyon pointed out that despite recent changes in China's regulation of financial markets, AIA Group Limited remains optimistic about the Chinese market based on the country's long-term structural growth and commitment to opening up its financial markets to foreign countries.

Mr Kang said that international investors had already become significantly more sensitive to policy risks, but in his view, China's regulatory adjustment was only a "transitional phase" and investors' long-term optimism about China's financial opening up had not been affected.

"the market is readjusting the risk premium for risky assets in China, and we will maintain optimistic expectations for China." Kang Lixian said.

Justin Onuecussi, head of the multi-asset retail fund at LGIM in the UK, even said that in the institution's view, the impact of China's recent market regulatory measures was gradually being "digested" by the market, which made Chinese stock markets more attractive than those in Europe and the United States.

Mr Onuecussi said that while Fatong Investment Management had been "surprised" by China's increased regulation of sectors such as education and technology, they had not changed their overall view of the Chinese economy and Chinese stocks, and the company would continue to hold Chinese shares.

Mr Onuecussi believes that the risks in European and US stock markets are much greater than those in China, and that if China's economic growth slows significantly, it will hit the German and US stock markets much more than the Chinese stock market. "our overall view is that although the Chinese stock market is at a relatively depressed level, there are still market bubbles in the US and Europe."

However, he also pointed out that Australian, New Zealand and South Korean bonds now have more prominent yield curves, which makes them very attractive to international investors, but the impact of Chinese economic trends on Australian exports, will bring short-term risk to the Australian dollar.

Eli Lee, head of investment strategy at Bank of Singapore, also said in an interview with US consumer news and business channel CNBC on the 5th that the "volatility" of regulatory measures on investment in China's technology sector may take some time to end, but many areas are still very attractive to foreign investors.

"it is' too early'to downplay investment in China's science and technology sector." "in the long run, China's general direction in the field of science and technology is very clear and complete," he said.... Important areas such as artificial intelligence, 5G and new energy vehicles will continue to receive more support from the Chinese government. All these are very attractive to investors. "

In addition, some industry analysts believe that under the circumstances of China's strengthening market supervision, international investors need to consider adjusting their investment strategies in China, but continuing to invest in China is still an appropriate choice.

Alan Costello, Asia director of Cambridge World Group, a US investment firm, told CNBC on the 5th that after analyzing China's credit market and government bond market respectively, the company noticed that Chinese sovereign bonds remained stable in the stock market volatility, which means that investing in Chinese government bonds may become a "good stop-loss option" for international investors to hedge against stock market fluctuations.

Redalio, founder of the Bridge Water Fund, recently pointed out that there is an obvious misunderstanding among some Western investors about the regulatory measures taken by China. Dalio stressed that China's crackdown on off-campus training is to reduce inequality, but some foreign investors have misread it.

Dalio believes that Chinese policy makers have always supported the stable development of capital markets and are open to foreign investors. Investors should not misunderstand and pay too much attention to policy fluctuations, otherwise opportunities may be missed.

With regard to the misunderstandings of some foreign investors, Li Xiaojia, former chief executive of HKEx, also said in an interview with CNBC on the 6th that China's measures are "very healthy self-regulatory measures" that help society and economy operate in a more orderly manner, and he does not expect these measures to have a long-term impact on the market.

Li Xiaojia, who just announced the establishment of small and micro business investment platform "Didi Guantong" on the 3rd, pointed out that the company should adapt to the pace of policy change. "you can't take it for granted that when your company is strong enough, no one can touch it." This may be a wake-up call for us. "

Li Xiaojia said that China's market regulation model is very different from that of the United States, and this is precisely one of China's major advantages: "when the US government wants to crack down on monopoly, their institutional 'checks and balances' may take years or even decades." The Chinese model allows them to act quickly, identify problems, and then formulate policies and implement them immediately. "