After several calamitous years, will the Chinese stock markets finally see better days?
These markets, which have long been an El Dorado for investors, have been swept away by a violent storm.
Since its peak in February 2021, the MSCI China index has lost almost half of its value.
The tightening imposed by Beijing on a whole series of companies and the slowdown of the Chinese economy put an end to the stock market miracle.
The real estate crisis and the setbacks of many developers then contributed to the flight of investors.
Last year, outflows reached $15 billion, and since the start of the year, an additional $3 billion has gone missing.
The Hong Kong Stock Exchange, which was for a long time the main entry point for investing in the Chinese markets, before the latter opened up more widely to international investors, is plummeting in the same proportions.
Investors…
This article is reserved for stock market and investment subscribers.
You have 80% left to discover.
Stock market and investments
Do you want to read more?
Unlock all items immediately.
Without engagement.
TEST FOR €0.99
Already a subscriber to Figaro Stock Market and Investments?
Log in