News Formal

Chinese stocks have erased 4½ years of gains as foreign investors flee at record pace

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Joseph Adinolfi is a markets reporter at MarketWatch.

As of Monday, Chinese stocks have now erased all of their gains from the past 4½ years, the latest dismal milestone during what has been a difficult year for the world’s second-largest economy.

The yuan USDCNY, -0.04% traded at 7.3 to the U.S. dollar on Monday, and since the start of the year, the greenback has appreciated more than 6% against its Chinese rival. Data analyzed by a team of macro strategists at MUFG Bank showed foreign investors have sold $3.1 billion in Chinese stocks on a net basis through Oct. 17, following $5.1 billion in outflows in September, and more than $10 billion in August.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Chinese stocks erase 4 1/2 years of gains as foreign investors flee at record paceJoseph Adinolfi is a markets reporter at MarketWatch.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Stock-market investors face reality of 5% Treasury yields. Here's what's next.Frances Yue covers the cryptocurrency market for MarketWatch.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

FMC Corp.’s stock drops on revenue warning as company launches cost structure reviewSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »