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People who pulled out of China are now piling back in again.
wombat42_2
Posts: 1,312 Forumite
"Investors who pulled money out of the China funds, thinking that a liquidity bubble was about to burst and sky high stock valuations were not sustainable, are now going back in since it appears that at least for some time longer domestic investors are going to drive the mainland Chinese stock market higher and higher," said Brad Durham, managing director of EPFR Global. "There is so much savings in China and so few places for the money to go, investors and some China strategists see this as inevitable.""
http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-19752700.htm
http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-19752700.htm
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:j :j :j :j :j
The Hong Kong market went up about 3 to 4% last night as well.
http://funds.ft.com/funds/threadneedle/investments/ADCHIN
http://funds.ft.com/funds/gartmore/fundmanagers/GEHKCA0
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