Attractive valuations pull more foreign investors to A shares

Global funds use stock connects to buy mainland equities worth $2.2 billion in 30 days to July 10

Bullish foreign investors are betting big on China's A-share market, new data showed.

Using stock connect programs, northbound funds - that is, international investors that target stocks listed in Shanghai and Shenzhen through Hong Kong - pumped 14.9 billion yuan ($2.2 billion) into the prized shares in the past month.