With the deepening of the pessimism of the Chinese economy, some investors in Wall Street have begun to avoid Chinese stocks.
According to Bloomberg News on Thursday (February 15), US financial product supplier Direxion launched a emerging market leverage exchange trading fund last week, which is completely non -configured with Chinese stocks.
At the same time, the Bank of America's survey shows that the transactions of short Chinese stocks are becoming more and more sought after. This is the popular trading of the seven major technology giants to do the seven major science and technology giants.
Bloomberg reports that factors such as real estate crisis, tightening of currency, slowing growth, and rising youth unemployment rates are leading investors' interest in China to disappear again.
"The chaos in different fields in the past three years has caused suspicion that emotions have been increasing, but it has just been fully exposed in the recent market and economic turbuleexplain.
According to previous reports of Bloomberg and Reuters, after China's stock market evaporated the market value of trillions of dollars, the stock market index establishment company MSCI Mingsheng has eliminated 66 Chinese stocks from the Global Standards Index. The number has been in two years.most.At the same time, MSCI added five Indian companies to the index, increasing the weights of Indian stocks in the index to a record high of 18.2%.In contrast, the weight of Chinese stocks fell from 26.6%a year ago to 25.4%.
