International investment banks have raised their ratings on Chinese stocks. Foreign analysts believe that the increase in risk appetite is expected to drive more funds into A-shares.

The Sino-US economic and trade talks have added confidence to the global economy, and foreign institutions have spoken out in favor of Chinese assets. On May 13th, JPMorgan Chase raised its forecast for China's economic growth in 2025, while UBS believes in its latest report that expectations for China's economic growth are expected to improve. In terms of capital markets, Nomura upgraded its rating on Chinese stocks from neutral to tactically overweight, becoming the first Wall Street firm to upgrade its rating on Chinese stocks this week.