Asian Stocks Are Luring the Biggest Foreign Flows Since 2013

Photographer: Kiyoshi Ota/Bloomberg
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Foreign investors are piling money into major Asian equity markets outside of China at the fastest pace in seven years this quarter, as vaccine successes add to the global risk-on mood.

Nine regional stock markets have lured a combined about $48 billion since Oct. 1, the most since the fourth quarter of 2013, according to data compiled by Bloomberg. Japan is leading the way with $27.4 billion, followed by India at $9.2 billion. South Korea has received $6.4 billion.