Since August, China's A-share market has witnessed the swiftest net buying by hedge funds in seven weeks, positioning it as the market with the highest net buying among institutional brokerage activities that month. According to the analysis by Morgan Stanley's Chief China Equity Strategist, the current upswing in A-shares is primarily fueled by enhanced liquidity, as funds shift from bonds and deposits into the stock market. Furthermore, the surge in long-term Treasury yields underscores investors' increasing optimism regarding macroeconomic prospects.
