It's been a tough few years for investors with exposure to China. The benchmark CSI 300 Index has fallen around 40% since hitting a peak in February 2021, and that's despite the Index rebounding around 4% this year.

In fact, Fidelity International's Amit Goel says the amount of pessimism that he has seen in Chinese assets has been greater in the last 12 to 18 months than at any other time in the decade-plus of investing in the region.

"There was a massive disregard for what was happening on the ground because of the top-down view on China. That's why we saw foreign investors selling China," Goel says.
Today, he believes it would be "risky" for investors to ignore the opportunities in the region today - arguing that while investors still need to be wary of some of the risks, it's time to be greedy.

"Some of the opportunities that I see in China are the best I have seen in the last 10 years," he says.

In this episode of The Pitch, Goel outlines why Chinese equities have rebounded in 2024, shares why it won't take much for this to continue over the next 12 to 24 months, and outlines some of the opportunities that are currently trading at "throwaway" prices.

Note: This interview was recorded on Thursday 21 March 2024. You can watch the video or read an edited transcript below.