China’s equities alone saw inflows of US$6.3bil (RM26.7bil) last month, as compared to US$8.5bil (RM36bil) in November last year. — Reuters
EMERGING markets (EM) have seen a strong start to the year, as global investors snap up EM stocks and bonds at a near-record pace in recent weeks.
The increased interest in EM assets is mainly driven by the reopening of China’s economy, easing global inflation and expectations of slower interest rate hikes by developed market central banks, including the US Federal Reserve (Fed).