By Gaurav Dogra
(Reuters) – Foreign investors poured substantial money into Asian equities in February amid a rebound in Chinese stocks following Beijing’s rollout of reform measures and a surge in technology shares, driven by the artificial intelligence (AI) boom.
Data from stock exchanges in South Korea, Taiwan, Indonesia, India, the Philippines, Thailand and Vietnam showed foreigners purchased a net $10.82 billion worth of regional equities last month, after selling shares worth nearly $779 million in January.
The MSCI Asia-Pacific index rebounded last month with a 4% increase, offsetting January’s decline, as traders shifted focus to…
