Skip to content
Ztrdam

Ztrdam

Good Business

Primary Menu
  • Business News
  • Capital Market
  • Market Update
  • Insurance National
  • Insurance
  • Market
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Overseas capital keeps thronging to yuan-denominated assets thanks to economic resilience: economist
  • Capital Market

Overseas capital keeps thronging to yuan-denominated assets thanks to economic resilience: economist

By Cindy 1 year ago
Stock market Illustration: VCG

Stock market Illustration: VCG

Foreign capital was flowing out of most emerging markets in May for the third consecutive month. However, China, with its strong economic resilience, saw net inflows of $4.7billion in the month, according to data released by the Institute of International Finance (IIF) on Tuesday.

Though the IIF data showed a net outflow of foreign capital from China so far this year, Chinese assets are becoming increasingly attractive to foreign investors. Among the $4.7 billion flowing into China in May, $2 billion went to Chinese bonds and $2.7 billion to equities. 

While investment risks have kept rising at international capital markets, Chinese A-share markets have told a different story. “Northbound funds” – overseas capital flowing into Chinese A-share markets – have maintained positive growth since May 27.

In addition to the A-share market in Chinese mainland, the Hong Kong stock market has shown rosy performance as well, with Hang Seng Index rising to 21531.67 on Tuesday from 19633.69 on May 10.

Even among the recent turmoil seen at the US market, the shares of most Chinese companies have performed relatively well. The share price of JD.com grew from $49.58 on May 24 to close at $61.74 on Tuesday. During the same period of time, Alibaba’s share price rose from $82.47 to $104.32.

“We predicted in May that yuan-denominated assets would become popular for international capital and become increasingly popular in the portfolio of international investors, as the impact of the Omicron resurgence on Chinese economy eases while the US economy is showing more signs of sliding toward stagflation,” Deng Haiqing, chief economist of AVIC Fund Management Co, told the Global Times on Wednesday.

With the US facing a triple whammy of high inflation, huge bubbles in the stock and housing markets and a potential recession, the US Fed’s monetary policy is caught in a dilemma, Deng noted.

By contrast, China has seen a rapid resumption of economic activity from the epidemic flare-up, with inflation level being kept in a mild range. Under such circumstances, the accelerating inflow of foreign cash to Chinese assets is not a whim, but a long-term trend, Deng said, adding that in the next three to five years, yuan-denominated assets will become more popular for international investors.

Global Times

Tags: Amazon Business Login, Amazon Business Prime, Bank Of America Business Account, Best Business Schools, Business Attorney Near Me, Business Bank Account, Business Card Holder, Business Card Maker, Business Card Template, Business Cards Near Me, Business Casual Attire, Business Casual Shoes, Business Casual Woman, Business Plan Examples, Ca Business Search, Ca Sos Business Search, Capital One Business Credit Card, Chase Business Checking, Chase Business Credit Cards, Chase Business Customer Service, Chase Business Login, Chase Business Phone Number, Cheap Business Cards, Citizens Business Bank, Cox Business Login, Digital Business Card, Facebook Business Suite, Finance In Business, Free Business Cards, Google Business Login, Harvard Business School, Lands End Business, Massage Parlor Business Near Me, Michigan Business Entity Search, Mind Your Business, Mind Your Own Business, Ohio Business Search, Risky Business Costume, Skype For Business, Small Business Loan, Small Business Saturday 2021, Starting A Business, Texas Business Entity Search, Triumph Business Capital, Vending Machine Business, Verizon Business Customer Service, Vonage Business Login, Wells Fargo Business Account, Yahoo Small Business, Yahoo Small Business Login

Continue Reading

Previous SEC chair Gary Gensler to set out overhaul of US equity market
Next Market mispricing of risk will continue
September 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
« Aug    

Archives

Recent Posts

  • Can Viral Marketing Increase Targeted Website Traffic?
  • Do Security Guards Need Martial Arts?
  • What You Should Know About Flood Insurance
  • What Are the Pros and Cons of Community Banks Versus Regional and National Banks?
  • Social News And Bookmarking Sites – What Every Online Business Owner Needs To Know

BL

Tags

5e Business Profit Ahron Levy Columbia Business School business Business Consultant Certification Austin Business Insurance Cover Coronavirus Business Letter With Logo Example Business Located Easy Location Business Platform Stocks Business Positions Seattle Business Regulation Legal Services Daystarr For Business Dimagi Business Development Toolkit Do Business Schools Accept Entreprenuers Enironmentall Friendly Business Ideas Eric Early Republican Business Owner Essec Business School Dean Essential Business To Remain Open Example Small Business Fall Winter Business Hours Template Fdot Woman Owned Business Certification First Business Women United States First Com Business Fixing A Damaged Reputation Business Florida Business Enforcement Free Small Business Communication Tool Law School Business Entity Outlines Mapping A Business Location Medical Business Trends Economics Mix Business And Personal Money Mlm Nit Small Business Legally New Business Agency Sales Questions Patricia Saiki Women'S Business 1990 Safety Business Proposal Sample Business Plan Entrepreneur School Business Administration Positions S Corp Business Deductions Search Tx Business Llc Sentextsolutions Business Cards Signs For Business On Roads Skype For Business Recording Capacity Small Business Forums .Net Small Business Insurancr Tech Monkey Business Ttu Business Cards Template Turbotax Business Nys Forms

getlinko

ztrdam.com | Magazine 7 by AF themes.

WhatsApp us