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Not just. Probably why big funds are pulling out. Norway's 1.4 trillion pension fund is shutting its Shanghai office https://www.cnn.com/2023/09/08/investing/
by berserk1010 3y ago
Not just. Probably why big funds are pulling out.
Norway's 1.4 trillion pension fund is shutting its Shanghai office https://www.cnn.com/2023/09/08/investing/china-norway-fund-shuts-intl-hnk/index.html https://www.cnn.com/2023/09/08/investing/china-norway-fund-s...
Ark invest with 9B is entirely out of China https://www.news-journal.com/arena/thestreet/cathie-wood-pulls-her-investments-out-of-china/article_a934d289-606e-539c-a7f8-2e5611611530.html https://www.news-journal.com/arena/thestreet/cathie-wood-pul...
- paganel 3y agoIn the case of Norway there’s most probably some geo-politics in play, too, as they’re a NATO country. Looks bad to have NATO money help develop an ideological enemy.
- peoplefromibiza 3y ago> Norway's 1.4 trillion pension fund is shutting its Shanghai office https://www.cnn.com/2023/09/08/investing/china-norway-fund-s https://www.cnn.com/2023/09/08/investing/china-norway-fund-s... from the article it owned shares worth about $42 billion in some 850 Chinese companies. Those investments will be managed in future from its Asia hub in Singapore, it said. The decision to close its Shanghai office was driven by “operational considerations” and doesn’t affect the fund’s investments or its investment strategy in China, NBIM said in a statement on Thursday. > Ark invest with 9B is entirely out of China https://www.news-journal.com/arena/thestreet/cathie-wood-pul https://www.news-journal.com/arena/thestreet/cathie-wood-pul... We recognize you are attempting to access this website from a country belonging to the European Economic Area (EEA) including the EU which enforces the General Data Protection Regulation (GDPR) and therefore access cannot be granted at this time. I don't know you, but I don't trust someone who will only let me read a piece of information in exchange for stealing my personal data...
- jarym 3y ago> I don't trust someone who will only let me read a piece of information in exchange for stealing my personal data Maybe they don’t want to install one of those super annoying cookie consent dialogs. Might be nothing to do with stealing your personal data.
- peoplefromibiza 3y ago> Maybe they don’t want to install one of those super annoying cookie consent dialogs you don't need cookies to show me an article, unless you are tracking me or are showing me ads that track me. that's the point.