Bloomberg (April 10)
“Global funds have turned optimistic on Japanese stocks over the past year, on expectation shareholder returns will improve.” Despite the booming Japan market, “Japanese startups have been turning to the US where institutional investors are more willing to bet on innovative technologies.” So it is no surprise that the NYSE “is actively engaged with a pipeline of Japanese companies, some of which may consider a US listing over the next 18 months.”
Tags: Booming, Expectation, Global funds, Innovative technologies, Institutional investors, Japan, NYSE, Optimistic, Shareholder returns, Startups, Stocks, U.S.
Bloomberg (October 3)
“Global funds further trimmed their Chinese stock holdings in September, extending a relentless selloff and lowering their average position in the country to the lowest level since 2020,” as “outflows surpassed the $3 billion level for a second consecutive month.” The MSCI China Index has now slumped more than 11% in 2023 and is “ on track for a third straight year of losses, which would mark its worst losing streak in two decades.”
Tags: $3 billion, 2020, 2023, China, Global funds, Losing streak, MSCI China Index, Outflows, Selloff, September, Slumped, Stock holdings
