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Foreign Capital Flight From Chinese Equities
10 mins·07:30, 26 Oct 2022
Foreign Capital Flight From Chinese Equities
10 mins
·
07:30, 26 Oct 2022
·
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Guest: Brock Silvers (CEO), Kaiyuan Capital
China’s third quarter GDP came in better than expected at 3.9% growth, but this has not buoyed market sentiment for Chinese stocks. In fact, Chinese markets fell sharply following the announcement on Sunday that President Xi Jinping would serve a third term. China’s overall economic recovery also remains bleak amid Covid zero and a looming property crisis. Are the days of booming growth and outperforming Chinese stocks over? We discuss the outlook for Chinese equities with Brock Silvers of Kaiyuan Capital.
Image credit: EPA-EPE
Presenter: Shazana Mokhtar, Wong Shou Ning, Keith Kam
Producer: Shazana Mokhtar
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