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Two weeks into the Year of the Ox, China funds see flows spike
For Chinese citizens the Year of the Ox began on February 12. Horoscopes for this year say it is a good one for building up reserves and making long-term investments. During the week ending Feb. 24 investors appeared to be taking this to heart. China Bond Funds set a new weekly inflow record and China Equity Funds posted their second largest inflow since EPFR started tracking them while flows into Hong Kong Equity Funds hit a 24-week high.