(Beijing / Tokyo Comprehensive News) The scale of funds flowing to overseas in China this year's stock market and bond markets increased by more than 40 % from last year. The funds are transferring from China to India and South Korea.The stock price fell into a vicious circle.
Comprehensive reports of the Japanese Economic News Chinese website, the New York Times, etc., data from the International Financial Association show that as of December 19, Chinese overseas investors have net outflows of 84.5 billion yuan in the stock and bond markets (USD, the same below, 111.3 billion new new new new outletsYuan), an increase of 44%compared to 2022, and the amount of capital outflows in 2023 is expected to be innovative.These outflow funds are mainly derived from Chinese families and private companies.
According to statistics, the overall net outflow of emerging markets in Asia exceeds 20 billion yuan, but after removing China, it shows a net inflow of about 64 billion yuan.India has become one of the main regions of attracting capital inflows, reaching the highest level since 2017.South Korea also reached about 30 billion yuan in 2023, twice as much as last year.
Bank of America's survey shows that investors have a wait -and -see attitude towards the Chinese market.34%of the respondents said that before the appearance of monetary policy, it would not increase investment in the Chinese market, and 28%planned to find other opportunities. 74%believed that the Chinese stock market was experiencing structural valuation amendments.
It is reported that China's real estate industry has difficulty in capital turnover and continued to operate bankruptcy, and macroeconomic indicators have deteriorated.It may also force the Bank of China to maintain the currency easing policy, thereby bringing pressure on the RMB exchange rate.
