BusinessGlobal Funds End Four-Year Underweight on China Stocks
Global fund managers are ending their four-year underweight stance on Chinese stocks, moving to a benchmark-neutral position starting June. According to Bank of America strategist Nigel Tupper, nearly 2,800 funds managing $562 billion in Chinese equities are encouraged by attractive valuations and growth prospects in sectors like AI. This shift signals reduced selling pressure and a potential market recovery, though not a broad bullish turn.
Mint Markets·3h ago



