New hope in China's property sector and easing Covid restrictions has boosted the confidence of some foreign investors. File photo: AFP.
Foreign investors are rushing to put money back into Chinese equities as hope grows that the country’s economy is close to a revival, the Financial Times reported.
Buying of Shenzhen and Shanghai-listed equities through Hong Kong’s Stock Connect programme rose to $3.8 billion this week, said the report, as new hope in China’s property sector and easing Covid restrictions boosted investor confidence.
Read the full report: The Financial Times
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