Investors buy Chinese stocks for the first time in almost two months

Belgique Nouvelles Nouvelles

Investors buy Chinese stocks for the first time in almost two months
Belgique Dernières Nouvelles,Belgique Actualités

NEW YORK/LONDON : Global hedge funds added more Chinese stocks to their portfolios than they sold in recent days for the first time in seven weeks, Goldman Sachs Group said in a report.The move seen in onshore and offshore shares was mainly driven by short covers, according to Goldman Sachs. It means that

NEW YORK/LONDON : Global hedge funds added more Chinese stocks to their portfolios than they sold in recent days for the first time in seven weeks, Goldman Sachs Group said in a report.

Out of 11 sectors tracked by Goldman Sachs, which tracked the period between June 30 and July 6, only healthcare, financials, communication services and real estate were net sold.

 

Belgique Dernières Nouvelles, Belgique Actualités



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