Domestic Chinese investors have ploughed $2.3bn (€1.7bn) into two Chinese mutual fund groups in the last 24 hours, indicating sentiment has recovered in the six weeks since the country's stock markets suffered falls in late February.

Reuters reports that Shanghai-based Hua An Fund Management raised 10bn yuan (€955m) for a small-cap equity fund, while Lord Abbett China Asset Management took 8 billion yuan in commitments for its equity fund.