With the Federal Reserve releasing a strong rate cut signal and global stock markets rebounding, India and Japan have become the most popular Asian markets for international investors this year, with gains of about 17% and 30%, respectively, one beneficiary of the restructuring of the industry chain and the other benefiting from corporate governance reforms.。Chinese stocks, despite lackluster performance during the year, cheap valuations and expectations of stimulus policies are starting to attract investors' attention。

In its latest China Equity Strategy Report, Goldman Sachs noted that markets outside of Japan in the Asia-Pacific region continue to recommend overweighting Chinese stocks to bet on a possible rebound by the end of the year。It is predicted that the potential returns of the Hang Seng Index, the SOE Index and the Hang Seng Technology Index will reach 5%, 6% and 12% respectively in the fourth quarter, and the potential returns of the CRE 50 Index, the ChiNext Index and the CSI 300 Index will be 7%, 3% and 3% respectively in the same period.。Goldman Sachs believes that some of the policies can be seen as an upside surprise relative to expectations of a market downturn。