Goldman Sachs: overseas "smart funds" are optimistic about A-share long-term track hedge funds to stay on the sidelines

FAP, May 10 / PRNewswire-FirstCall-Asianet /-- in response to the trend of overseas "smart funds", Timothy Moe, chief equity strategist for Goldman Sachs Asia Pacific, said at a media conference today that overseas hedge funds tend to have a "fast-in and quick-out" investment style, if Chinese listed companies can bring positive signals in terms of profitability. Overseas hedge funds will be quickly reassessed and have room to increase their positions. In the long run, more and more long-term funds will gradually establish positions in the Chinese market and look for long-term investment opportunities. To be sure, overseas investors have a strong interest in the long-term growth theme of the Chinese stock market, especially "smart money" from the Middle East, who are most interested in long-term structural opportunities and are less disturbed by geopolitical factors. (reporter Liu Chaofeng)