Mansfield Mok, co-manager of the £812m GAM Star China Equity fund, has begun reversing his stance from defensive to growth as share prices discount a bleak outlook.
Chinese authorities are on the brink of contributing to the eurozone's bailout fund, but key conditions have to be met first,according to reports.
The Chinese equity market could rise 20% in the coming months as the government once again moves to support the economy, said Capital Economics' China specialist Mark Williams.
Jupiter CIO John Chatfeild-Roberts and his Merlin multi-manager team have said clear warning signs are beginning to emerge on Chinese growth prospects as well as the outlook for natural resources.
The FTSE 100 was 1.3% lower this morning after slowing Chinese GDP data and a Moody's warning over France's AAA-rating weighed on sentiment.