The index for China investor sentiment has kept rising for four consecutive quarters, says a survey released in Beijing Thursday by the International Netherlands Group(ING), a global financial institution based in Netherlands.
The index shows a slight increase of 2.5 percent to 162 for the third quarter in 2009 from 158 for the second quarter in 2009.
Despite the slowing increase, it is the fourth quarter of sustained growth in optimism in China and the China index has re-entered the "very optimistic" zone since the third quarter in 2007, indicating strong confidence in the local economy and anticipation of a global recovery in the near-term, according to the survey.
Investors across the Asian region also strongly view China as the key driving force for the Asian economies, with 81.2 percent of Asian investors (ex-Japan), 95 percent of China investors and 91 percent of Hong Kong investors agreeing with this view.
According to the survey, Chinese investors remain very optimistic about the local economy, with 93 percent expecting China to exceed its GDP target of eight percent for 2009.
Similar to other Asian investors, Chinese investors also appear confident that global recovery is on its way with investors expecting the U.S. economy to improve in the fourth quarter of 2009 and 61 percent expecting the U.S. to come out of recession within a year.
While Chinese investors remain very optimistic, they do appear to be concerned about a possible property market bubble and expect slowed loan growth in the fourth quarter of 2009.
Many Chinese investors continue to be very bullish about the local stock market and property market, despite a correction in the stock market in August and concerns about a property sector bubble, according to the survey.
Survey results also show an increasing impact of inflation on investment decisions for Chinese investors. Nearly 80 percent of Chinese investors say their investment decisions were impacted by inflation.
Now published for over two years and conducted quarterly across13 markets in Asia Pacific, the ING Investor Dashboard was the first quarterly survey in the Asia Pacific region to provide a pan-Asia (ex-Japan) investor sentiment index.
The index shows a slight increase of 2.5 percent to 162 for the third quarter in 2009 from 158 for the second quarter in 2009.
Despite the slowing increase, it is the fourth quarter of sustained growth in optimism in China and the China index has re-entered the "very optimistic" zone since the third quarter in 2007, indicating strong confidence in the local economy and anticipation of a global recovery in the near-term, according to the survey.
Investors across the Asian region also strongly view China as the key driving force for the Asian economies, with 81.2 percent of Asian investors (ex-Japan), 95 percent of China investors and 91 percent of Hong Kong investors agreeing with this view.
According to the survey, Chinese investors remain very optimistic about the local economy, with 93 percent expecting China to exceed its GDP target of eight percent for 2009.
Similar to other Asian investors, Chinese investors also appear confident that global recovery is on its way with investors expecting the U.S. economy to improve in the fourth quarter of 2009 and 61 percent expecting the U.S. to come out of recession within a year.
While Chinese investors remain very optimistic, they do appear to be concerned about a possible property market bubble and expect slowed loan growth in the fourth quarter of 2009.
Many Chinese investors continue to be very bullish about the local stock market and property market, despite a correction in the stock market in August and concerns about a property sector bubble, according to the survey.
Survey results also show an increasing impact of inflation on investment decisions for Chinese investors. Nearly 80 percent of Chinese investors say their investment decisions were impacted by inflation.
Now published for over two years and conducted quarterly across13 markets in Asia Pacific, the ING Investor Dashboard was the first quarterly survey in the Asia Pacific region to provide a pan-Asia (ex-Japan) investor sentiment index.
About the Author:
I am a professional editor from http://www.himfr.com/, and my work is to promote a free online trade platform. http://www.himfr.com/ contain a great deal of information about rubber couplings, air conditioning supplies parts,performance radiator, welcome to visit!
0 comments
Post a Comment