%3cdiv+class%3d%22blog_post_content_wrapper+layout_list%22%3e+%0a+%3cdiv%3e+%0a++%3cp%3e+(Bloomberg)+--+Global+investors+are+seeing+signs+of+improving+sentiment+toward+China%2c+though+it+will+take+more+conviction+for+big%2c+long-only+funds+to+return.+%3c%2fp%3e+%0a++%3cdiv+data-testid%3d%22inarticle-ad%22%3e+%0a+++%3cdiv+data-ad-loc%3d%22mid_center%22+data-ad-region%3d%22main-dynamic%22+data-ad-size%3d%22970x250%2c728x90%2c300x250%2cfluid%22+data-ad-unit%3d%22%2f22888152279%2fus%2fyfin%2fros%2fdt%2fus_yfin_ros_dt_mid_center%22+data-testid%3d%22ad-container%22%3e+%0a+++%3c%2fdiv%3e+%0a++%3c%2fdiv%3e+%0a++%3cp%3e+That%e2%80%99s+the+conclusion+of+many+investors+congregating+at+the+Milken+Institute+Global+Investors%e2%80%99+Symposium+in+Hong+Kong+on+Monday.+%3c%2fp%3e+%0a++%3cp%3e+The+chief+executive+officer+of+Blue+Pool+Capital%2c+which+helps+oversee+billionaire+Joe+Tsai%e2%80%99s+fortune%2c+said+he%e2%80%99s+seen+an+increase+in+foreign+investors+visiting+Hong+Kong%2c+including+private+equity%2c+hedge+funds+and+long-only+managers.+%3c%2fp%3e+%0a++%3cp%3e+%e2%80%9cThis+is+the+core+to+bringing+Hong+Kong+to+the+place+it+should+be%2c%e2%80%9d+Oliver+Weisberg+said+during+a+panel.+%3c%2fp%3e+%0a++%3cp%3e+The+warming+sentiment+was+echoed+by+others.+There%e2%80%99s+%e2%80%9cabsolutely+room%e2%80%9d+for+China%e2%80%99s+stock+market+rally+this+year+to+continue+after+artificial+intelligence+firm+DeepSeek+reignited+investor+interest%2c+Janet+Perumal%2c+head+of+Asia-Pacific+at+Wellington+Management+Singapore+Pte+said+during+an+interview+with+Bloomberg+Television.+%3c%2fp%3e+%0a++%3cdiv+data-testid%3d%22inarticle-ad%22%3e+%0a+++%3cdiv+data-ad-loc%3d%22mid_center_2%22+data-ad-region%3d%22main-dynamic%22+data-ad-size%3d%22970x250%2c728x90%2c300x250%22+data-ad-unit%3d%22%2f22888152279%2fus%2fyfin%2fros%2fdt%2fus_yfin_ros_dt_mid_center%22+data-testid%3d%22ad-container%22%3e+%0a+++%3c%2fdiv%3e+%0a++%3c%2fdiv%3e+%0a++%3cp%3e+Chinese+stocks+have+rebounded+this+year%2c+particularly+in+Hong+Kong%2c+as+the+government+stepped+in+with+more+measures+to+salvage+its+ailing+property+market%2c+boost+consumption+and+support+private+enterprises.+Global+investors+have+been+diversifying+from+the+US%2c+as+Donald+Trump%e2%80%99s+%e2%80%9cAmerica+First%e2%80%9d+strategy+adds+risks+to+the+global+economy.+%3c%2fp%3e+%0a++%3cp%3e+Perumal+said+Chinese+company+valuations+are+still+significantly+lower+on+a+global+basis%2c+especially+compared+with+the+US.+Global+investors+have+under-appreciated+the+quality+of+some+Chinese+firms+such+as+the+internet+sector%2c+she+said%2c+citing+higher+margins+and+better+shareholder+returns.+%3c%2fp%3e+%0a++%3cdiv+data-testid%3d%22inarticle-ad%22%3e+%0a+++%3cdiv+data-ad-loc%3d%22mid_center_3%22+data-ad-region%3d%22main-dynamic%22+data-ad-size%3d%22970x250%2c728x90%2c300x250%22+data-ad-unit%3d%22%2f22888152279%2fus%2fyfin%2fros%2fdt%2fus_yfin_ros_dt_mid_center%22+data-testid%3d%22ad-container%22%3e+%0a+++%3c%2fdiv%3e+%0a++%3c%2fdiv%3e+%0a++%3cp%3e+While+the+Hang+Seng+Index+in+Hong+Kong+has+rebounded+nearly+18%25+this+year%2c+investors+are+looking+for+more+evidence+that+this+rally+isn%e2%80%99t+just+another+false+start.+China%e2%80%99s+domestic+stock+index+by+contrast+has+been+little+changed.+%3c%2fp%3e+%0a++%3cp%3e+Big+pensions+and+long-only+funds+still+remain+on+the+sidelines.+Aaron+Costello%2c+head+of+Asia+at+Cambridge+Associates%2c+which+helps+institutional+investors+allocate+capital%2c+said+global+investors+haven%e2%80%99t+been+buying+the+China+rally+yet.+Most+of+the+inflows+into+Hong+Kong+are+from+the+mainland%2c+and+most+active+managers+are+underweight+China%2c+he+said+during+a+panel.+%3c%2fp%3e+%0a++%3cp%3e+Hong+Kong+will+eventually+benefit+from+the+integration+of+the+so-called+Greater+Bay+Area%2c+which+includes+the+nearby+Chinese+mega+cities+of+Shenzhen+and+Guangzhou%2c+said+Goodwin+Gaw%2c+chairman+of+Gaw+Capital+Partners.+%3c%2fp%3e+%0a+%3c%2fdiv%3e+%0a+%3cdiv+data-testid%3d%22read-more%22%3e+%0a++%3cp%3e+%e2%80%9cI+call+it+blood+swapping%2c%e2%80%9d+Gaw+said%2c+referring+to+the+increased+labor+mobility+among+the+finance%2c+tech+and+manufacturing+hubs%2c+which+have+a+combined+population+of+86+million+people+and+an+economy+worth+%242+trillion.+%3c%2fp%3e+%0a++%3cp%3e+%e2%80%9cBlood+swapping+will+actually+happen+where+these+four+big+economies+currently+linked+by+world-class+infrastructure+with+the+bridges+and+the+high-speed+train+will+eventually+be+one+big+whole+economy%2c%e2%80%9d+Gaw+said.+%3c%2fp%3e+%0a++%3cdiv+data-testid%3d%22inarticle-ad%22%3e+%0a+++%3cdiv+data-ad-loc%3d%22mid_center_4%22+data-ad-region%3d%22main-dynamic%22+data-ad-size%3d%22970x250%2c728x90%2c300x250%22+data-ad-unit%3d%22%2f22888152279%2fus%2fyfin%2fros%2fdt%2fus_yfin_ros_dt_mid_center%22+data-testid%3d%22ad-container%22%3e+%0a+++%3c%2fdiv%3e+%0a++%3c%2fdiv%3e+%0a++%3cp%3e+Retirees+will+move+to+cheaper+cities+in+the+mainland%2c+leaving+space+for+high-level+workers+in+tech+and+finance+in+Hong+Kong%2c+he+added.+%3c%2fp%3e+%0a++%3cp%3e+%e2%80%9cWhen+the+swap+happens+with+a+more+porous+border+it+would+make+the+Greater+Bay+Area+an+even+bigger+and+stronger+story%2c%e2%80%9d+Gaw+said.+%3c%2fp%3e+%0a++%3cp%3e+--With+assistance+from+Joanne+Wong+and+Shawna+Kwan.+%3c%2fp%3e+%0a+%3c%2fdiv%3e+%0a%3c%2fdiv%3e