US investor appetite grows for Chinese stocks despite market bloodbath and trade worries

A stock market bloodbath in China this year may have spooked investors in the country, but Wall Street fund managers see bargains in the carnage.
First Wilshire, a Pasadena, California-based firm managing about US$400 million of US capital, is among US investment managers that have been adding Chinese stocks in recent months.
It aims to increase its holdings of Chinese shares to about 30 per cent, equivalent to about US$120 million, up from a little less than US$100 million at the beginning of…

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