Chinese investor sentiment index rises for four consecutive quarters, survey shows

BEIJING, July 15 (Li Fangfang, Zhaoxiaohui) Global Financial Services Group (ING) 15th reported a quarterly investor sentiment Index report, the two-quarter Chinese investor sentiment index rose 27%, after a four consecutive quarterly rally, from "neutral" area close to "very optimistic" area. The survey showed the two-quarter Chinese investor sentiment index ranked second in Asia (excluding Japan), only after India.　　This shows that the macroeconomic measures adopted by the Government have already been effective and the domestic economy is showing signs of improvement. 90% of investors surveyed said the government's 4 trillion-dollar revitalization plan is having a positive impact on the economy. According to the survey, 77% of investors in the two quarter said the overall economic situation had improved, and that figure was only 42% in the first quarter.　　In addition, 78% per cent of investors believe the economy will improve in the next quarter, up 22% from the previous quarter. Zhao Hanlong, senior investment manager in ING Investment Management Asia Pacific, says the stimulus measures taken by the Chinese government have proved to be the most effective among countries around the world.　　Economic indicators have been boosted after the stimulus was implemented, so it is not unexpected that the Chinese investor confidence index is so high.　　In terms of investment strategy, the survey said more Chinese investors were willing to take higher risks, with 57% per cent of investors in the two quarter saying they would increase investment to cope with the slowdown, compared with 33% in the first quarter. The survey also shows that Chinese investors are bullish on the domestic property market.　　53% of investors in the second quarter expected prices to rise, compared with 27% in the first quarter. Mr. Liang Jianhui, senior investment manager for the Asia-Pacific Investment Management Fund, said that after entering the three quarter, further market adjustment would bring more buying opportunities to investors bullish on the long-term growth prospects of China's economy, and therefore more confidence in domestic consumer markets than in export markets.　　On the other hand, banks, insurers and real estate companies will be able to achieve a rebound in earnings by August, under the influence of looser credit policies. In addition, like other Asian investors, Chinese investors continue to focus on the US economy and its impact on investment decisions. While the latest figures show that the worst of the US economy is not over, fewer Chinese investors think the US will have a negative impact on investment.