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Over 75% of foreign money invested into Chinese stocks in 2023 has left

• hunglee2 3y ago
  stock market ≠ economy.
  • JumpCrisscross 3y ago
    If three quarters of investors into the American stock market were divesting, it wouldn't be something I'd throw off with a meme from middle-school economics.
    • throwaway4good 3y ago
      From the article: More than three-quarters of the foreign money that flowed into China’s stock market in the first seven months of the year has left, with global investors dumping more than $25bn worth of shares despite Beijing’s efforts to restore confidence in the world’s second-largest economy. 25B USD in an economy of 20T USD - that is not very much. The relative size of the stock market in China compare to the full Chinese economy is much smaller than the relative size of the US stock market. It is also much less mature. Depending on how you look at it the US is the odd one out with an out-sized stock market and a bull market despite rising interest rates.
• helsinkiandrew 3y ago
  https://archive.ph/oArHx https://archive.ph/oArHx
• ravst3s 3y ago
  Each time the Chinese market rallies, it's another opportunity to sell. Investing in China was already a thorny issue, you cannot trust the government at all as a foreign investor and there's 0 transparency. Now, there's 0 growth as well. The last part is the most important as it will cap any thought of entering China again. If the government stimulates the economy massively, investors will return for a short period.