Overseas Investors Fuel Tech Boom in the Chinese mainland
Overseas investors have ramped up their bets on the Chinese mainland’s tech sector, pushing A-share holdings past 3.5 trillion yuan as markets open wider.
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Overseas investors have ramped up their bets on the Chinese mainland’s tech sector, pushing A-share holdings past 3.5 trillion yuan as markets open wider.
China’s financial sector scored major wins during the 14th Five-Year Plan, from record banking assets and A-share market value to strong reserves and risk mitigation measures.
Foreign investors are pouring into the Chinese mainland’s A-share market as the Shanghai Composite Index hits its highest level in almost a decade, with QFIIs backing top sectors like autos and biotech.
China’s A-share market valuation just crossed 100 trillion yuan for the first time, fueled by top banks’ gains and a tech-driven rally attracting global investors.