(Beijing Composite Television) A large amount of funds have flowed out of the Chinese stock market and bond market this year, reducing the influence of the Chinese market among global investors, and accelerating the decoupling of China and other parts of the world.
Bloomberg, based on the data of the Bank of China, can be calculated that from December 2021 to the end of June this year, the total amount of Chinese stocks and bonds held by foreign financial institutions reduced by about 188 billion US dollars (below, S $ 256.338 billion)Nearly 17%.In the past August single month, foreign capital flowed out from the stock market to a record $ 12 billion.
The restrictions on the crown disease epidemic, coupled with the real estate industry crisis, and the geopolitical tension with Western countries, have caused the Chinese economy to decline, which has also led to foreign capital outflow.A survey by Bank of America in the first year of September, 222 global fund managers participated in the participation of the "avoiding China" theme has become one of the strongest beliefs of investors interviewees.In addition, since the end of 2020, foreign funds have also declined by more than one -third of the participation in the Hong Kong stock market.
The performance of the Chinese market is gradually decoupled with other markets, and its economic fluctuations on other markets in the world are also declining.Since the beginning of this year, the Ming Sheng China Index has fallen by about 7%, but the emerging market index (MSCI EM Index) has risen by 3% because investors have begun to chase the return on investment in India and some areas of Latin America.
Bloomberg said that China's weight in the emerging market index has dropped from 30%at the end of 2021 to about 27%this year.