Global hedge funds have significantly increased their investments in Chinese equities, driven by Beijing's larger-than-expected stimulus measures. According to a note from Goldman Sachs, this has led to the strongest weekly buying on record. Hedge funds are piling into Chinese equities at an unprecedented rate, with China ETFs experiencing substantial inflows. For instance, the $YINN ETF saw its biggest one-day flow ever, taking in $390 million, and has surged 140% in the past two weeks. Despite the rally, there is growing skepticism about potential overvaluation. Goldman Sachs, HSBC, and BlackRock have all boosted their outlook on Chinese stocks, predicting an additional 15%-20% gain. The $FXI ETF and Reuters report that China-focused hedge funds posted explosive September returns.