(Shanghai Bloomberg) The Chinese stock market fell in the face of strict epidemic prevention measures and the property market landslides. Foreign investors' purchase scale this year has fallen to the lowest level of history.
According to Bloomberg, overseas investors have bought 87 billion yuan (S $ 16.818 billion) through Lugongtong Jingjing this year.Sort out the minimum level since the relevant annual data.
In addition to the pessimistic emotions of the economy, the decline in the interest of overseas investors in stocks in mainland China is also one of the reasons why global funds have withdrawn from China. The United States actively tightening monetary policy and weakening the attraction of RMB valuation assets such as Chinese government bonds.
However, the worst period of time may have been germinating.With Beijing learning with viruses and re -growth as the primary task, Wall Street optimism has re -ignited.
Wang Mingli, Executive Director of Shanghai Youpu Investment, said that the quiet buying of foreign capital this year may mean that under the dual boost of the acceleration of growth after the epidemic and the global policy tightening inflection point, the inflow of funds will accelerate next year.
In fact, the mood of foreign investors has improved significantly since last month.The shift of Chinese epidemic prevention policies and support for the support of the real estate industry have strengthened the inflow of funds after promoting the strong rebound of the stock market.The ease of the tension between China and the United States is also helpful.
However, the Shanghai and Shenzhen 300 index that measures the large -cap stocks in mainland China has fallen by about 21%this year, becoming one of the worst -benchmark stock indexes in the world, and the former US President Trump in 2018 since the launch of the trade war in Beijing in 2018The largest decline.
In addition to economic pessimism, the decline in the interest of foreign investors in stocks in mainland China is also one of the reasons why global funds have withdrawn from China.