The country’s stocks have been selling off of late despite a series of government stimulus measures Investors poured nearly $12 billion into Chinese equity funds in the week ending this past Wednesday, Reuters reported on Friday, citing data compiled by Bank of America. It was the largest weekly inflow since 2015 and the second largest on record, according to analysts. The inflow is a good sign for struggling Chinese stocks, which have lost about $6 trillion over the past three years amid the country’s economic troubles – such as deflation, debt and a crippling real estate crisis – following the Covid-19 pandemic.
Hence then, the article about chinese equities see largest weekly inflow in years reuters was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Chinese equities see largest weekly inflow in years – Reuters )