China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than India's market cap

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The market cap of the National Stock Exchange of India is $4.63 trillion, making it the third largest exchange in Asia.

Stocks in China and Hong Kong sold off a massive $4.8 trillion in market capitalization since 2021, which according to HSBC, is more than the value of the Indian stock market.Despite a subdued global IPO market, research from EY showed Indian stock exchanges also had the most IPOs in 2023.

The statistic does not bode well for either China or Hong Kong, especially when the National Stock Exchange of India has only grown during the same period. Mainland China's CSI 300 index has fallen for three straight years, closing out with declines of 11.4% last year. Hong Kong'sperformed even worse, with 2023 as its fourth consecutive decline ending the year 13.8% lower. Both were the bottom performers amongChina's beleaguered property sector has been a source of worry for investors, which has also affected Hong Kong.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 524. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks in China and Hong Kong Sell Off $4.8 Trillion in Market CapitalizationStocks in China and Hong Kong have sold off a massive $4.8 trillion in market capitalization since 2021, surpassing the value of the Indian stock market. Despite a subdued global IPO market, Indian stock exchanges have had the most IPOs in 2023.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Fonte: ksatnews - 🏆 442. / 53 Consulte Mais informação »