Foreigners' dry powder may mark long global march into Chinese equities

Foreigners' dry powder may mark long global march into Chinese equities

FILE PHOTO-The sign of Beijing Stock Exchange is seen at its entrance during an organised media tour, in Beijing, China February 17, 2022. REUTERS/Florence Lo

Foreign investors have barely begun buying back beaten-down stocks in China, but there are growing signs that the end of the country’s tough COVID-zero policy marks the beginning of a long global march back into Chinese equities.