Global investments pour into China as Covid-19 turmoil grips financial markets ...United Arab Emirates

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Global investments pour into China as Covid-19 turmoil grips financial markets
China has seen more capital flow into its stock markets as a result of market dislocations caused by the Covid-19 crisis. According to some strategists, this is part of a longer-term trend. Allocation to Chinese stocks among more than 800 global funds reached nearly a quarter of their almost $2 trillion in assets under management, according to data from EPFR, a company which provides fund flow and asset allocation information to financial institutions around the world. That’s up from about 20 percent a year ago. The data covers funds that break down holdings into nine categories of stocks listed in mainland China, Hong Kong, Taiwan, th

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