Professional investors are fleeing the Chinese stock market

By RockedBuzz 1 Min Read
Portfolio Investment Day 2024
What ought to we spend money on in 2024? Will authorities securities, shares, gold, crypto or actual property be the winners? Our specialists will reply all of your questions. If you will need to you that your financial savings develop in optimum investments, then our convention is the proper place for you!

Global funds offered a web 14.5 billion yuan, or almost $2 billion, price of shares by way of the Hong Kong buying and selling hyperlink in January, marking the sixth consecutive month of stock gross sales, in accordance with knowledge compiled by Bloomberg.

This introduced the whole worth of shares offered since August to 201 billion yuan.

Investors are nervous about issues in China’s actual property market and banking sector, amongst different issues.

This yr, the Shanhai Composite index fell by almost 7 %, and the Hang Seng by almost 9 %.

Cover picture supply: Costfoto/NurPhoto by way of Getty Images

Share This Article
Leave a comment