[The latest views of many foreign investment institutions: Upgrading allocations to China] October 6th, the market was not calm during the National Day holiday. The 10-year U.S. Treasury yield once rose above 5.34%, hitting a 24-year high. However, under the cloud of high interest rates, foreign investors' attention to Chinese assets has increased instead of falling. The latest report from Bank of America shows that global active long funds’ allocation to Chinese stocks has risen from “underweight” to “baseline neutral,” ending four years of underweight. Global asset management giants such as Fidelity International and Wellington Investments have also spoken out one after another, trying to find China's "new generation of winners" in complex macroeconomics. Many foreign-funded institutions have expressed concern about the Chinese market. Goldman Sachs believes that Chinese assets are a good place for diversified allocation, and A-shares are better than H-shares; UBS Securities expects A-share earnings to grow by 15% in 2026; BlackRock remains neutral on Chinese stocks, but has a clear focus on AI hardware, power grid equipment, and physical AI; Invesco is optimistic about China's technology ecosystem. Previously, Citigroup and Standard Chartered also raised Chinese stocks to "overweight." (Securities Times)