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Global Funds Exit China Underweight Position After Four Years Of Retreat

· Business · Bloomberg, LiveMint

Global fund managers scaled back their long-running underweight stance on Chinese equities in March, shifting to neutral after four years of persistent selling. Data from EPFR Global showed outflows of $2.6 billion from China-focused funds, the smallest monthly withdrawal since late 2020. The pivot reflects renewed investor optimism around artificial intelligence-driven growth prospects and more attractive valuations versus other emerging markets. The shift marks a significant turnaround from the sustained capital flight that defined the previous quadrennium.

Why it matters

The reversal ends a four-year global capital flight from Chinese stocks, potentially stabilizing equity markets and increasing foreign participation in the world's second-largest economy. Indian investors with exposure to China-focused funds or broader emerging market strategies may see portfolio rebalancing implications.

Read the original report — Bloomberg

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