The market value of the stock market in the United States has evaporated more than $ 100 billion (about S $ 133.8 billion) in April, and the concerns of the geopolitical tensions have covered the impact of economic optimism.
According to Bloomberg, Alibaba, JD.com and other Internet giants ADR have fallen on Tuesday (April 25).The longest continuous decline.
The Golden Dragon China Index has fallen by more than 10%since the end of March. It is expected that the decline in this month may be the largest since October.
Reported that with the optimistic emotions of the economy after unblocking, disputes on China and the United States in Taiwan, Tiktok, and semiconductor chips have prompted investors to quickly release bets on Chinese stocks.EssencePeople familiar with the matter revealed that Biden plans to sign an administrative order in the next few weeks to limit American companies' investment in key areas of China's economy.
Although the consumption rebound promotes the economic recovery is faster than expected, some investors have given up their positive views on Chinese stocks.Union Bancaire Privee adjusted Chinese stock rating from high allocation to neutral.Canada's Ontario -University Teachers' Pension Program also announced that it will end the work of the Asian stock investment team in Hong Kong.
It is not just the Chinese stocks listed in New York.Of the 92 benchmark stock index tracked by Bloomberg, the H -share index ranked third in the past month, and the CSI 300 index hit the largest five days since October.
