Foreign investors boost Chinese stock holdings as AI hardware, green energy lure inflows
Industry
Source: SCMP TechPublish time unverified
Foreign investors boosted exposures to yuan-traded Chinese stocks by about a third in the second quarter, buying into companies tied to the artificial intelligence supply chain and China’s strategic green-energy industry. Global fund managers held a combined 10.1 billion shares in mainland-listed companies by the end of June, up from 7.5 billion in the first quarter, according to financial data provider Wind. The value of foreign holdings surged 87 per cent to 272.8 billion yuan (US$40.6...