Bargain hunters circle as stocks sink
By Gao Changxin in Shanghai | China Daily | Updated: 2012-08-31 07:44
$98m of foreign capital added in past two weeks, highest inflow since February
Foreign investors are increasing their positions in Chinese equities, after recent market declines dragged valuations to record lows.
Offshore yuan equity funds saw a net inflow of $138 million in the four weeks ending Aug 22, indicating increased overseas interest in Chinese equities, according to EPFR Global, which tracks funds under management worth $17 trillion.
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