Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The recent surge in China's stock market, particularly the CSI 300 index, saw a dramatic rally of up to 35%, driven by increased investor confidence. However, this bullish trend has come to an abrupt halt, with indices taking a downward turn this month. The FT editorial board noted that the rally highlighted how oversold the Chinese market had become, especially by foreign investors, and emphasized the need for sustained confidence in corporate profits to maintain revaluation. This surge also enabled Asia hedge funds to outperform their global peers for the first three quarters after trailing for three years.
When will #Canada wake up? 🔥🔥The retreat has been everywhere in the last two years, and here is the ultimate result! The story gets more significance because it is coming from Bloomberg! The Climate Short: Hedge Funds Pile Up Huge Bets Against Green Future #Climate https://t.co/C5BrVtNvla
A surge in Chinese stocks last month helped Asia hedge funds pull ahead of global peers for the first three quarters, after three years of trailing performance https://t.co/1ZRbkqzXgc
A surge in Chinese stocks last month helped Asia hedge funds pull ahead of global peers for the first three quarters, after three years of trailing performance https://t.co/ZNtDeDsDlT
