More than 30 foreign institutional investors have applied to or are increasing their investment in China's A-share market, bringing the total to more than $10 billion, People.cn reported on Monday.
According to the report, Shanghai and Shenzhen stock exchanges, China Financial Futures Exchange and a number of other Chinese financial intermediaries held investment road shows in the United States, Canada, Europe and some Asian countries, introducing the domestic capital-market development conditions and policies to foreign pension funds and other investors.
Almost 200 foreign investment institutions with more than $25 trillion funds under management attended the road shows.
The report said although China's economic growth has slowed, most foreign institutions expressed confidence in China's long-term economic development and wish to invest more in China's A-share market.
caixiao@chinadaily.com.cn
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