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Shanghai, Shenzhen Exchanges Target Foreign Investors After Weak Market Start

share-iconMonday, January 06 comment-icon3 weeks ago 14 views
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scmpSCMP
Shanghai, Shenzhen Exchanges Target Foreign Investors After Weak Market Start

Credited from: SCMP

  • Shanghai and Shenzhen stock exchanges engaged with foreign money managers and investment banks for boosting investor sentiment.
  • Regulators are responding after the market's worst start since 2016, especially following a 3% drop on the first trading day.
  • Discussions included suggestions for more presentations on Chinese policies and overseas outreach by major companies.
  • The Shenzhen bourse noted that foreign institutions are seeing potential for long-term investment in key sectors like IT and high-end manufacturing.
  • Foreign ownership of yuan-denominated stocks is on the rise, supporting a stronger communication environment between China and global investors.

Read more at SCMP.

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