, Columnist
Watch China Inc.’s Insider Selling
Billions in cash from abroad won’t move the needle. Look instead at what company management is doing.
Making sense of it all.
Photographer: Qilai Shen/Bloomberg
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Foreigners are finally warming to China.
It’s no surprise: In just two months, the country’s stock market has done a 180. Investors from abroad were net buyers of more than 120 billion yuan ($18 billion) of shares this year through Hong Kong’s Stock Connect. In hindsight, MSCI Inc.’s decision to include mainland stocks in its benchmark indexes last May seems like a wise one.
