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Stock investors pile into China equity funds in ‘world’s most enticing contrarian’ long trade

Por: MarketWatch Business January 26, 2024

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The BofA note, which pointed to large inflows of $11.9 billion into funds targeting Chinese equities in the past week, says the country’s central bank took steps to ease monetary policy after its stocks hit lows seen in October 2008 during the global financial crisis. The strategists said the easing follows “an exodus of foreign investors” and “epic deflation of property stocks.” Cameron Brandt, director of research at EPFR, confirmed... + full article



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