Overseas Investors Sell Chinese Stocks, Disenchanted with Moutai

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Bloomberg News

Chinese Stocks,Stock Exchanges,Overseas Funds

(Bloomberg) -- An outflow of overseas funds from Chinese stocks reached its longest streak in eight months, as the latest rally continues to sputter.Most...

-- An outflow of overseas funds from Chinese stocks reached its longest streak in eight months, as the latest rally continues to sputter.Hedge Fund Talent Schools Are Looking for the Perfect Trader

Further withdrawals from Chinese stocks could make June the first month of net outflow in five. The benchmark CSI 300 Index is down nearly 5% from a May 20 high.Documents Show How Musk’s X Plans to Become the Next VenmoShares of Trump Media – Trump’s namesake social media company – tumbled again Tuesday, continuing its long slide after his hush money guilty verdict.

Nothing seems to be able to break the negative rally in GameStop stock. Details of a cost-cutting program laid out by CEO Ryan Cohen at GameStop rescheduled annual meeting haven’t helped much after being delayed to Monday, from Thursday, after a livestream of the event crashed due to intense interest in the meme stock.

BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.Instead of working to live paycheque to paycheque, you could work towards building a stock portfolio that gives you a paycheque in the future. The post Dividend Royalties: 2 Fabulous Stocks to Buy Now for Decades of Passive Income appeared first on The Motley Fool Canada.

 

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