Goldman Sachs: foreign investment surges as China adds US$3 trillion to the markets

Goldman Sachs: foreign investment surges as China adds US$3 trillion to the markets

Foreign interest in Chinese stocks rose across the board this year – propelling a rally that has added a combined US$3 trillion of market value to both the nation’s onshore and offshore equities – as advances in artificial intelligence bolstered the tech outlook and China-US tensions de-escalated, according to Goldman Sachs. Global hedge fund inflows…

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China’s bull run tests regulators as Beijing aims to guide US$12 trillion stock market

China’s bull run tests regulators as Beijing aims to guide US$12 trillion stock market

Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation’s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth. As the property market remains in the doldrums, eroding the wealth…

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China stocks steady as consumer staples offset tech drag

SHANGHAI, Sept 8 – Chinese shares were little changed on Monday, as gains in consumer staples helped counter losses in artificial intelligence stocks, with investors pulling out of crowded high-growth sectors. ** China’s blue-chip CSI300 Index was flat by the lunch break, while the Shanghai Composite Index gained 0.2%. ** Meanwhile, Hong Kong benchmark Hang…

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