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Story perspectives

Global Investors Return to China Amid Stock Rally

9/29/2025

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Story summary
  • Global money managers return to China amid stock rally and high-tech gains.
  • Hedge funds are active onshore, unlike years when the market was uninvestable.
  • Foreign inflows across assets have risen, signaling a turnaround.
  • Hong Kong's equity market is thriving, led by Zijin Gold's $3.2B IPO.
  • AI-related IPOs in Hong Kong look positive; venture capital shows rising volume but falling funding.