FPIs net sell domestic equities worth Rs 58,711 crore in October so far on ‘Sell India, Buy China’ trend

FPIs net sell domestic equities worth Rs 58,711 crore in October so far on ‘Sell India, Buy China’ trend

Foreign Portfolio Investors (FPIs) have been net sellers of Indian equities at Rs 58,711 crore in October so far, wiping out a substantial portion of the overall inflows in 2024 in just 8 sessions. The total investments by them now stand at Rs 41,899 crore versus Rs 1,00,245 crore at the end of September. In … Read more

MSCI CEO dismisses concerns Chinese stocks are ‘uninvestable’

MSCI CEO dismisses concerns Chinese stocks are ‘uninvestable’

By Abhishek Vishnoi MSCI Inc., the world’s biggest index provider, shook off concerns about the “investability” of Chinese stocks following recent Beijing’s regulatory crackdown, citing previous instances where markets rebounded in the aftermath. Regulatory compliance has weighed on China “every three, four, five years and obviously the markets have sold off at the time. But … Read more

Investors lose $1 trillion in China’s wild week of market shocks

Investors lose  trillion in China’s wild week of market shocks

It began with a record crash in Chinese stocks on Wall Street and only got crazier from there. The nearly $1 trillion selloff ignited by Beijing’s shock ban on profits at tutoring companies has triggered a new round of soul searching about the investment case for Chinese assets in the Xi Jinping era. After a … Read more

The Hang Seng is up for an overhaul: Here’s what’s in store

The Hang Seng is up for an overhaul: Here’s what’s in store

By Jeanny Yu Details of a wide-ranging overhaul of Hong Kong’s equity benchmark is set to be announced on Friday, marking the first step to diversify the financials-heavy index. The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to … Read more