The outflow this month, via Stock Connect, is on pace to be the second-largest monthly drawdown since the program began in 2014
The consequences of harsh economic sanctions against Russia are already being felt across the globe. WSJ’s Greg Ip joins other experts to explain the significance of what has happened so far and how the conflict might transform the global economy. Photo Illustration: Alexander HotzForeign investors have unloaded $9.5 billion of mainland Chinese stocks this month, reflecting a reassessment of geopolitical risk following the financial isolation of Russia.
The outflow as of March 24, via a trading link with Hong Kong known as Stock Connect, is on pace to be the second-largest monthly drawdown since the program began in 2014. The biggest occurred in March 2020 when Covid-19 rattled global markets and offshore investors sold a net $10.6 billion of onshore stocks.
Oh,well!
Now, please publish the data of the loaded shares. A one-sided story is not assertive.
This is not the main reason WSJ? The main reason is US needs foreign companies including Chinese to open the books for auditing even if it falls under national security of other countries, obviously China is refusing hence unloading but a great opportunity for HK.
Western CEO's likely to be reassessing political risk of plenty of other low cost locations. Events move fast and you wouldn't want core operations you're dependent on where the meme lads have helpfully identified :
AUAF students are not safe and live with uncertainty EvacuateAUAFStudents
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Source: CNBC - 🏆 12. / 72 Read more »