Confucian values China values not short on morals. In fact it's based on morals. On being thrifty, self development, hard work, education and learning and peace.
America success based on imperialism, wars, creating enemies where non exists, over spending, money printing, weapons of war.
Foreign Investors Pull $29B Out Of Chinese Equity Markets In 2023
Nearly 90% of the foreign investment inflows into Chinese equity markets in 2023 has been withdrawn as sentiment crumbles amid concerns over the country’s growth trajectory and the impact of losses from the real estate sector.
Data gathered from Hong Kong Stock Connect and interpreted by the Financial Times, showed that since peaking at $33 billion in August, net foreign investment in China-listed shares has dropped 87% to just $4.3 billion.
Silly evil Xi chasing away the smart money, silly evil supporters losing their pants in CCP stock markets.
China stock indices have had a tough year as growth concerns have built despite efforts by the People’s Bank of China to boost confidence in the financial system.
The Shanghai Composite is down 4.4% over the year, while the China A50 index has slumped 12% and the Hang Seng has fallen nearly 14%.
Meanwhile, the heaviest-weighted exchange traded funds that track China shares are down by similar amounts: BlackRock’s iShares MSCI China EFT MCHI is down 13.8% year to date, while iShares China Large-Cap ETF FXI is down 15.4% over the year.
No need for China to pump the economy. China will be happy for property market to work itself out of present problems. After all property developers are not Xi jinping favourite sector. China is in transition and will come out on the other side far stronger than any other country.
Investors Losing Confidence In Major Institutions While the People’s Bank has tried to maintain its efforts at making China an attractive opportunity for foreign investment, the central bank is increasingly at odds with the central government.
Having made steps to align itself more closely with foreign central banks, including the Federal Reserve and European Central Bank, under the governorship of Zhou Xiaochuan between 2002-2017, the PBoC has become increasingly sidelined since the Covid pandemic.
Since March, the central government has put the PBoC under the control of the Central Financial Commission, a party-led oversight body.
CCP declared 5% growth of GDP only empty promise showed in paper got nothing to do with small investors. Silly evil Xi chasing away the smart money, silly evil supporters losing their pants in CCP stock markets.
Much of China’s current equity market woes are due to ongoing fragility in the country’s property sector. Around 30% of fund managers polled by Bank of America said in the December Fund Manager Survey that China’s real estate sector was now the most likely source for a systemic credit event.
The survey also showed that short-selling — betting on further equity market losses — on Chinese equities had become such a popular trade that 20% of fund managers saw it as the “most-crowded” trade in December.
Instead of collapsing China economy is transitioning into self sufficient, sustaining, high tech, high margin , high savings, high current account surplus economy... This is what u get when u got a united competent government
Foreign investors unwind $52 billion bet on China growth rebound
Nearly nine-tenths of the foreign money that flowed into China’s stock market in 2023 has already left, spurred by mounting doubts about Beijing’s willingness to take serious action to boost flagging growth.
Silly Xi was more interested to make his ministers disappeared. Lol
Foreign investors unwind $52 billion bet on China growth rebound
Nearly nine-tenths of the foreign money that flowed into China’s stock market in 2023 has already left, spurred by mounting doubts about Beijing’s willingness to take serious action to boost flagging growth.
Silly Xi was more interested to make his ministers disappeared. Lol
China Stock Market Sees Foreign Inflows Dry Up In Dismal Year Overseas investors are set to record their smallest-ever annual purchases of Chinese stocks, discouraged by a plethora of concerns including a fragile economic recovery and geopolitical tensions.
Foreign funds bought just 44 billion yuan ($6.1 billion) of onshore stocks via trading links with Hong Kong on a net basis so far in 2023. That’s even after a dramatic surge in purchases Thursday amid year-end positioning adjustments, and marks the least since Bloomberg started compiling annual data for both Shenzhen and Shanghai bourses in 2017. During better times, investors would scoop up that amount in a month.
The year started on a strong note amid hopes of a post-Covid market revival, only to see the rally fizzle as a prolonged housing slump, a lack of strong stimulus and regulatory uncertainties led to a heavy selloff. The CSI 300 benchmark has lost 12% so far this year, among the world’s worst-performing major indexes and poised for a third annual decline.
Overseas funds are set to flee Chinese stocks for the fifth month in December, an unprecedented streak. While some fund managers are calling time on the rout, saying it’s time to buy the dip, many harbor doubts over the market’s longer-term allure. Corporate earnings are no longer growing at a heady pace with concerns over policy support for the private sector, and economic growth is set to moderate amid demographic headwinds.
Don't wrote off China and Hong Kong stocks, they are trading at PEs of well under 15. US stocks are trading at PEs of well over 30. Tesla has a PE of over 80. In a recession, US stocks could tumble by more than 50%. Citibank dropped by over 95% in just a few days during the 2007/08 financial crisis.
Chinese stocks sink on dismal official PMIs China’s bluechip Shanghai Shenzhen CSI 300 index fell 1.1%, extending an over 12% decline from 2023 as weak official PMI data pointed to sustained weakness in the world’s second-largest economy. The bluechip index also traded at a near five-year low.
The Shanghai Composite index lost 0.3% on Tuesday, while Hong Kong’s Hang Seng index slid 1.7% on losses in mainland stocks.
China’s official manufacturing PMI China Manufacturing Purchasing Managers Index (PMI) Latest Release: Dec 31, 2023 Actual: 49.0 Forecast: 49.5 Previous: 49.4 shrank more than expected in December, with an average reading for 2023 also indicating contraction. The non-manufacturing PMI remained in sight of contraction in December.
While a private survey showed some signs of resilience in manufacturing activity, growth still remained largely modest on sustained weakness in offshore demand for Chinese goods.
actually in terms of quality of life, China already up there with the best.
China ,manufacturing prowess, complete supply chain, efficiency, cost, innovations, use of robotics, use of AI, adoption of technology can only get better.
China EV development is scary to all legacy companies. Elon Musk says soon, of the 10 largest car companies in the world, 9 will be from China with tesla the only exception. That is reality.
A post-COVID Chinese economic recovery largely failed to materialize in 2023, as the country grappled with deflation and sluggish stimulus measures from the government. This kept investors largely wary of Chinese markets, with stocks seeing sustained outflows through the year.
in the transition years to a more resilient economy, less dependent on properties and old economy and more on new economy, China has done as expected. and successfully.
its noot just GDP, its about self resilience, about resurgence of Huawei, about EV and green economy, about common prosperity, about science and technology, education, health, beauty and every thing nice.
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