China stock market is top pick for nearly half of global fund managers

Investment bank Merrill Lynch in its November fund managers survey report shows that because of the China government's economic stimulus policies, the China stock market in the Asia and emerging market area was most preferred by investors.

Merrill Lynch did the survey from 7 November to 12 November. 180 fund managers managing assets of value up to 536 billion USD were involved in the global survey. 149 fund managers managing assets of value up to 334 billion USD were involved in the Asia and emerging market survey.

China is Asia's only country seen as benefiting from policy stimulus and oil price dropping says Michael Hartnett, Chief Global Emerging Markets Equity Strategist at Merrill Lynch.

In the BRIC (Brazil, Russia, India & China) stock markets, 47% of the fund managers says that in the coming 1 year, the top investment pick is China stock market. The ratio was much higher than the October survey result of 13%