Cautious approach marks equity funds as investors go short in A-share market

Fund managers have been taking short positions in the A shares, statistics show.

This suggests they are selling such equities now with the expectation that their prices will likely fall, when they would buy them back at a lower price.

This cautious approach follows the benchmark stock market index's lingering below 3,000 points. The situation may persist until the A-share market sentiment improves to signal a recovery.