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LONDON : Global money managers have pumped a combined US$13.3 billion into Chinese equities funds over the past five weeks, data shows, despite the concerns over property giant China Evergrande's future and rising regulatory pressure from Beijing.

The figures did not break down which sectors the money had flowed into but the firm said: "With the government determined to squash speculative excesses and the misallocation – as it sees it – of capital, it will be harder for Chinese investors to earn large returns from real estate, wealth management products or cryptocurrencies." 

"That leaves domestic stocks as one of their best alternatives."