BofA Says Investors Rush to China Stocks After Politburo Pledge
- Chinese equities had biggest weekly inflow since early October
- China this week signaled bolder economic support for 2025
This article is for subscribers only.
Investors poured money into Chinese stocks over the past week again as the country’s leaders vowed to boost growth with more stimulus measures, according to Bank of America Corp. strategists.
About $5.6 billion was allocated to Chinese equity funds in the week through Wednesday, the biggest inflow in nine weeks, strategists led by Michael Hartnett said, citing EPFR Global data.