Source: Tech – South China Morning PostA semi-annual reshuffle of key gauges tracking China’s yuan-denominated stocks is set to boost the representation of technology companies, a move expected to lure more inflows and further increase the sector’s appeal, according to investment banks.
The shake-up was projected to spur US$3.1 billion of inflows into tech hardware and semiconductor makers, according to Goldman Sachs.
Domestic brokerages including Guosen Securities said the changes would inject more confidence into tech stocks,…Read More