Reported about 1 month ago
Global hedge funds have significantly reduced their purchases of Chinese stocks since late September, pivoting towards U.S. equities for the first time in six months, according to Goldman Sachs. This shift follows a 20% surge in Chinese markets driven by stimulus policies, but ongoing concerns over economic prospects and political uncertainties have led to heavy outflows. Hedge funds have reportedly retraced nearly 80% of their peak investments in Chinese equities, contributing to a notable decline in both the MSCI China and MSCI emerging markets indices this month.
Source: YAHOO