China’s health care, infrastructure stocks lure global bargain hunters even as coronavirus pandemic roiled equity markets in March

Global fund managers are putting more money on Chinese health care and infrastructure-related stocks, even as they retreated from the onshore market at the fastest rate on record amid the worsening coronavirus pandemic.Shenzhen Mindray Bio-Medical Electronics and Wuxi AppTec were among the companies that attracted inflows this month, according to Citic Securities, China’s biggest stock brokerage. Machinery and cement manufacturers also gained favour during the sell-off that sank more than 30…Original Article

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button