After the Shanghai Comprehensive Index fell below 3,000 points, Morgan Stanley, a US financial service company, suggested that investors should not buy the Chinese stock market at every discipline and warn that unless the policy is further relaxed, foreign funds may continue to sellAnd market mood may still be fragile.
According to Bloomberg News on Friday (October 20), Morgan Stanley strategist wrote in a report that foreign investors have flowed out of the Chinese A -share market that has entered a "unprecedented stage" andIt is said that from August 7th to October 19th, a total of US $ 22.1 billion (S $ 30.3 billion) was flowing, which was the largest in the history of Shanghai -Hong Kong Stock Connect (that is, the Shanghai -Hong Kong stock market transaction interconnection mechanism).
It is reported that overseas investors have sold Shanghai and Shenzhen stocks for the third consecutive month, which is the longest continuous selling record;Essence
The comprehensive index of the Shanghai Stock Exchange fell below 3,000 points on Friday, and the growth of the epidemic has been renovated since November 2022.
Morgan Stanley said that investors need to pay attention to the fundamental improvement of China's macroeconomics and the stimulus measures of the government's recovery of investor confidence, including activities such as the Politburo Conference and the Third Plenary Session of the 20th Central Committee of the Communist Party of China, as well as the United StatesPresident Biden and Chinese President Xi Jinping may meet next month.
