News Snapshot:
China's leader Xi Jinping is in South Africa this week for the Brics summit of emerging economies - Michele Spatari/Bloomberg Global investors have been offloading China’s flagship stocks in a record-selling streak, showing the nation’s industry leaders are falling out of favour amid concerns for the economy. Foreign investors sold 6.2bn yuan (£676m) of Kweichow Moutai from August 7 to 18, making China’s largest spirits maker the most heavily sold stock via trading links with Hong Kong. It was followed by 4.7bn yuan of selling each for leading renewables stock LONGi Green Energy Technology and major lender China Merchants Bank....
News Timeline:
Track the development of related news across the Internet.
July 3, 2023
19:53
Stocks on a roll: Sensex scales 65k peak for first time; Nifty settles at record high
Source: indianexpress.com
July 3, 2023
14:21
Stocks Rise as First-Half’s Positive Tone Persists: Markets Wrap
Source: finance.yahoo.com
June 26, 2023
12:58
Investors Hold Nerve as Mutiny Rocks Russia: Markets Wrap
Source: finance.yahoo.com
June 2, 2023
20:34
Investors have soured on China’s stocks, renewing fears about its economy
Source: theglobeandmail.com
