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"China has undertaken the biggest transformation to high-quality urbanization in the world," said Sean Chiao, president of AECOM Asia-Pacific, a Fortune 500 city-planning firm. "The potential for urban development and infrastructure is huge as a developing country."

"But over the last two decades, the infrastructure and services have not kept pace, causing congestion on our roads and public transport particularly in Melbourne, Sydney and South East Queensland.

"China has low financial risks and the profitability and valuations of the A shares are good," said Starock. "The A share positions of foreign investors are low, and the potential is huge."

"Chile is shifting more and more of its volumes toward China," Ciobanu said. "Prices paid in Asia are coming down a bit as the market matures, but there's still a gap above what North America pays."

"By the end of August, Bond Connect has drawn in 1,244 institutional investors, with another 110 investors onboard during the month," the report said.