Latest data released by HSBC show that foreign institutional investors are coming back to emerging East Asia, net buying $5.3b equities after two consecutive months of sell-offs, Asia First reported Wednesday. Foreign institutional investors picked China as the most loved market with India trailing in the second place while Hong Kong is the least favorite region for institutional investors. Barrons’s Asia said funds continue to overweight the Philippines and Thailand while Taiwan, Korea and Malaysia were considered under-owned.
