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BEIJING, Sept. 27, 2023 /PRNewswire/ CKGSB Investor Sentiment Index's Q3 report records continued pessimism among Chinese investors towards the real estate market. It also finds investors' expectations for China's A-shares to be slightly lower than the previous quarter, but much higher than last October. Interestingly, the index in Q3 didn't find a significant drop in respondents' expectations for the stock market, which largely results from their confidence in the market evaluations and in China's growth potential. About 88.8% investors surveyed believe A-shares are reasonably valued or even undervalued. 70% of the respondents believe that A-shares will rise (63.2% and 85.3% for individual investors and institutional investors respectively). While respondents are cautious about China's economic outlook, their sentiment overall remains stable. About 58.5% of investors (0.9% fewer than Q2) believed that China's GDP in 2023 can grow by more than 5%. Inve ....

Liu Jing , Investment Research , Cheung Kong Investor Sentiment Survey , Cheung Kong Graduate School Of Busines , Sentiment Index , Chen Hongya Suggest , Cheung Kong Graduate School , Sept 27 , 023 Prnewswire Ckgsb Investor Sentiment Index 39s Q3 Report Records Continued Pessimism Among Chinese Investors Towards The Real Estate Market It Also Finds 39 Expectations For China Sa Shares To Be Slightly Lower Than Previous Quarter , Ut Much Higher Than Last October Interestingly , He Index In Q3 Didn 39t Finda Significant Drop Respondents 39 Expectations For The Stock Market , Hich Largely Results From Their Confidence In The Market Evaluations And China 39s Growth Potential About 88 8 Investors Surveyed Believea Shares Are Reasonably Valued Or Even Undervalued 70 Of Respondents Believe Thata Will Rise 63 2 85 3 For Individual Institutional Respectively While Cautious Economic Outlook , Heir Sentiment Overall Remains Stable About 58 5 Of Investors 0 9 Fewer Than Q2 Believed That China 39s Gdp In 2023 Can Grow By More 39 Expectations For The Real Estate Market Q3 , Ave Deteriorated Individual Investors Have Remained Pessimistic About Real Estate Since August 2020 It 39s Notable That According To The Survey In Third Quarter , Institutional Investors , Hich Have Been More Optimistic All Along , Ow Cease To Look On The Bright Side Net Increase In Number Of People Willing Invest Real Estate Accounted For 31 7 , A Plummet Of 32 5 Percentage Points Since August 2020 Although Investors Believed That China Will Unlikely Fall Intoa Deflation , Ts Lukewarm Recovery Has Been Dampened By Weak Domestic Demand Anda Troubled Real Estate Sector The Survey 39s Authors Dr Liu Jing , Kgsb Professor Of Accounting And Finance , Nd Ckgsb Researcher Chen Hongya Suggest That Financial Regulators Issue Slightly More Aggressive Monetary Policies To Stabilize The Housing Market In Short Term , Nd For The Government To Providea Favorable Environment Private Businesses In Long Run Cheung Kong Investor Sentiment Survey Ckiss Isa On And Expectations Capital Market , Roduced By Cheung Kong Graduate School Of Business 39 Ckgsb Center For Investment Research The First Survey Was Conducted In January 2018 Now Expands Its Scope To 13 Major Chinese Cities And Is Ona Quarterly Basis With Approximately 1 , 500 Valid Samples , Ncluding 1 , 000 Samples From Individual Investors And 500 Institutional ,