Asian stocks draw highest monthly foreign inflows in two years.
Foreign net monthly inflows into Asian equities hit a two-year high in November on hopes that the U.S. Federal Reserve could cut the pace of its interest rate hikes.
Expectations that China would gradually loosen its zero-COVID policy and open up its economy also lifted sentiment.
Data from stock exchanges in Taiwan, India, the Philippines, Vietnam, Thailand, Indonesia and South Korea showed foreigners bought equities worth a net $15.18 billion in November, the most since November 2020.