Breakingviews - Hot money is cold comfort for China shares

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Breakingviews - Hot money is cold comfort for China shares
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From Breakingviews: Foreign interest in Chinese equities revived in the start of 2023. Yet recent routs suggest inflows came mostly from fickle quick-hit traders. Beijing wants long-term investors to stabilize the market, says mak_robyn

Global fund managers dumped "uninvestable" China holdings en masse last year, but some have reconsidered.

Foreign institutions have snapped up $28 billion worth of onshore A-shares traded via the Hong Kong Stock Connect scheme year-to-date, nearly three times more than the rest of Asian emerging markets combined, per Goldman Sachs research in April. The Nasdaq Golden Dragon

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