US-Listed China Stocks See $100 Billion Wipeout in Jittery Month

Bloomberg2023-04-25

Nasdaq Golden Dragon China Index down over 10% in AprilTraders cut bets on Chinese stocks amid heightened US tensionsUS-listed Chinese stocks have lost over $100 billion in market value in April as ...

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Coyotero
·2023-04-25
Crazy
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aaffsmcjje
·2023-04-25
Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly
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Following a plunge of over 10% since the end of March, the gauge is heading toward its worst month since October.As the initial euphoria over the Covid reopening faded, investors have quickly trimmed their bets on China’s stocks at a time when the country clashes with the US on issues from Taiwan to TikTok and semiconductor chips. President Joe Biden aims to sign an executive order in the coming weeks that will limit investment in key parts of the Asian nation’s economy by American businesses, people familiar with the internal deliberations have recently said.US-based long-only fund managers have been the dominant sellers of Chinese ADRs this month, according to Morgan Stanley strategists led by Gilbert Wong. 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Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","listText":"Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","text":"Basically its Biden. Remember back then his manifest was to work well with China. N that trump couldnt do the work with China. Bigot Biden. Once the next election is done n hes gone, china stocks will fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947938375","repostId":1165112651,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":35,"commentSize":2,"repostSize":1,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}