BEIJING, Jan. 16 (Xinhua) -- China's stock funds have embraced net global capital influx since the beginning of 2025, reported Xinhua-run Shanghai Securities News citing a report of Goldman Sachs on Thursday.
From January 2 to 8, stock funds in China welcomed hefty net capital inflows together with the comparable counterparts in the U.S. and benchmark international stock funds as well.
In a longer period from December 12, 2024 to January 8, 2025, stock funds in China encountered 3.854 billion U.S. dollars of capital outflows in the first three weeks, but absorbed 5.461 billion U.S. dollars of net capital influx in the fourth week.
Currently, valuation of China's A-shares stays at a relatively attractive level and more overseas capital is expected to flow to China in 2025, reported the newspaper citing many foreign institutions.
In the four weeks ending January 8, 2025, global stock funds obtained 92.6 billion U.S. dollars of net capital inflows while those from emerging markets suffered 4.032 billion U.S. dollars of net capital outflows.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)