A post by @FirstSquawk on X.
Mainland China Shares Face Renewed Bearish Sentiment Despite Continued Buying Support From State-Backed Funds - SCMP
@FirstSquawk on X
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State-backed funds continued buying mainland Chinese equities, but bearish sentiment returned to the market nonetheless, according to SCMP. The report did not disclose specific index levels, turnover or fund flow figures. The dynamic matters because it suggests sovereign buying support alone is not enough to shift investor positioning. Watch whether state purchases intensify or broaden beyond the usual large-cap vehicles, and whether foreign outflows accelerate.
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Named in this story
Mainland China Shares, State-Backed Funds, SCMP