Foreigners Buying China Stocks After Tech, Education Selloff
- Overseas investors log fifth day of net purchases Tuesday
- Chinese stocks ended little changed, Hong Kong tech slumped
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Overseas investors have loaded up on Chinese stocks by the longest stretch since late April, following a rout last week that pushed the country’s benchmark index to its lowest in almost nine months.
Foreigners bought a net 21.5 billion yuan ($3.3 billion) over the past five trading sessions via trading links with Shanghai and Shenzhen, according to Bloomberg-compiled data. If they continue to buy on Wednesday, that will be the longest stretch since March.