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China Stocks Coming In From the Cold Amid Property Shakeout

  • Housing curbs will drive funds into equities: JPMorgan Asset
  • Shanghai Composite heads for biggest monthly gain since March
Bloomberg business news

Are Chinese Investors Finally Returning to Stocks?

Photographer: Wang Zhao/AFP via Getty Images
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China’s speculative investors may finally be contemplating a return to stocks.

That’s according to JPMorgan Asset Management, which has been buying mainland shares in a bet that a real-estate lending crackdown and lower valuations will draw investors to equities, more than a year after a rout that wiped out $5 trillion in value. Chinese shares are beginning to perk up, with the benchmark Shanghai index headed for its best month since March.