Mar 05, 2024 06:48 PM
FINANCE
Global Funds Are Returning to China Stocks, Morgan Stanley Says
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A pedestrian walks through Shanghai’s Lujiazui financial district on Feb. 19. Photo: Bloomberg
(Bloomberg) — A shift away from Chinese equities by global longterm investors has taken a pause, with some funds getting less bearish, according to Morgan Stanley.
Outflows from Chinese equities slowed into the end of February and regional active managers started adding growth and tech stocks, strategists including Gilbert Wong and Laura Wang wrote in a March 4 note on positions by long-only funds.
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