Lates News

A report released by Goldman Sachs on August 22nd shows that hedge funds have been buying Chinese stocks at the fastest pace in the past 7 weeks, with both long positions and short positions being covered. China is currently the market with the highest net buy in institutional broker business since August. The latest research report by Wang Ying, Chief Stock Strategist at Morgan Stanley China, believes that the current A-share market rally is benefiting from improved liquidity as funds shift from bonds and deposits to the stock market. However, unlike previous short-term highs, the onshore long-term government bond yields have been rising continuously since June, indicating that investors have a more positive view on the long-term macroeconomic outlook.