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Stocks in China and Hong Kong Sell Off $4.8 Trillion in Market Capitalization

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Stocks,China,Hong Kong

Stocks 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.

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. MUMBAI, MAHARASHTRA, INDIA - 2024/02/01: A circular metal emblem with words 'This sign indicates buying of shares' is seen near the pavement of a street near Bombay Stock Exchange (BSE) in Mumbai.

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. 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 perio

 

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