State-owned investors continued to slash their Chinese equity holdings in 2023 due to heightened geopolitical risks, poor returns and reduced IPOs.The reopening of the Chinese economy has been disappointing with a lack of anticipated pent-up demand. In the first quarter of the year, global investors poured billions into US-based mutual...
State-owned investors continued to slash their Chinese equity holdings in 2023 due to heightened geopolitical risks, poor returns and reduced IPOs.The reopening of the Chinese economy has been disappointing with a lack of anticipated pent-up demand. In the first quarter of the year, global investors poured billions into US-based mutual...