China AMC’s Gu Xinfeng: Beijing Stock Exchange Funds Enter Low-Position Contrarian Window

The notable signal here is less the call itself than who is making it: a major fund house publicly framing the BSE as a contrarian window implies institutional appetite for a market that has largely been a retail and policy-driven venue. That matters for liquidity depth and for how BSE-themed products are marketed. The open question is whether the cited improvements — buybacks, fund inflows, policy execution — broaden participation beyond existing dedicated funds, or remain a valuation argument confined to managers who already have exposure.