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China's tech stocks valuations soar as foreign investors pile in

China's tech stocks valuations soar as foreign investors pile in

Saturday, December 21, 2019, 8:41 AM

Foreign-investors are on their longest spell of buying Chinese stocks this year, increasing their bets on the mainland markets as Beijing and Washington prepare to resolve a long-running trade-war. That has turned the fortunes around for Chinese-technology shares. The sector, which was facing steady selling pressure last-year, is now at fresh highs as overseas investors continue to buy into China's A-share market for 26-straight-sessions.
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