Optimism on Chinese stocks soars to five-year highs: CNBC

A staff member walks past the Shenzhen Stock Exchange in Shenzhen, south China's Guangdong Province, Sept. 21, 2020. (Xinhua/Mao Siqian)

Active money managers are more involved with picking portfolio investments, while passive money managers tend to follow stock indexes.

NEW YORK, Feb. 6 (Xinhua) -- Money is flowing into Chinese mainland and Hong Kong stocks in ways not seen since 2018, a positive reflection of the macro environment in China, CNBC reported on Sunday, citing research firm EPFR Global.

Active foreign fund managers put 1.39 billion U.S. dollars into Chinese mainland stocks in the four weeks ended Jan. 25, EPFR data showed.

Active fund inflows into Hong Kong stocks were even greater during that time, at 2.16 billion dollars, it noted.

Active money managers are more involved with picking portfolio investments, while passive money managers tend to follow stock indexes.

"Active managers have never been this positive toward China markets in the past five years," Steven Shen, manager of quantitative strategies at EPFR, was quoted as saying.  

Editor: Yu Huichen
Today’s Recommendations

Economic Watch: Road, trade and exchange, China and ASEAN countries forge closer community

A handful of seashells are on display in a museum in southwest China's border province of Yunnan, recording the country's past history of international communication.【detailed】

Bangladesh officials urge Chinese businesses to invest more

Bangladesh Planning Minister MA Mannan on Monday asked Chinese businesses to invest more in Bangladesh for mutual benefits.【detailed】