Foreign purchases of Chinese equities have hit their highest level in four years, in a sign global investors are reassessing a market that until recently was considered “uninvestable,” reports the Financial Times. Offshore inflows into China stocks from January to October this year totalled $50.6 billion, up from $11.4 billion in 2024, according to data from the Institute of International Finance, a trade body for the global banking industry.
Chinese stocks listed on the mainland and in Hong Kong have risen strongly this year, driven by enthusiasm for artificial intelligence following the release of DeepSeek’s groundbreaking model and a strong run of listings in Asia’s financial hub.
The gains follow years of dismal returns, as foreigners sold down their positions in response to mounting concerns over slowing economic growth and rising tensions between Washington and Beijing.