
Hedge funds are reportedly buying Chinese stocks at a record pace, driven by Beijing's larger-than-expected stimulus measures aimed at accelerating the recovery of the nation's struggling economy. This surge in investment has resulted in the strongest weekly buying on record, according to a note from Goldman Sachs. The enthusiasm is reflected in the rapid acquisition of equities such as $FXI, $BABA, $YANG, $PDD, and $FUTU. Bloomberg reports that this is occurring at the fastest speed in history.
Hedge funds are piling into Chinese stocks like never before as sweeping stimulus sparks enthusiasm https://t.co/OIuimQqE1f
Hedge Funds are piling into Chinese equities at the fastest rate in history, per Bloomberg $FXI $BABA $YANG $PDD $FUTU
Global hedge funds flocked to #Chinese equities on the back of Beijing's much bigger than expected stimulus measures, leading to the strongest weekly buying on record, a note from #GoldmanSachs showed. https://t.co/uxm3SkJhl2

