During the last four months, foreign investors continue to alienate Chinese shares. In total, the sales volume amounted to 1.8 billion yuan ($ 252 million) with pure, with the Chinese index continues its decline.
In November, the CSI index of 300 lost 2.1%, which became the worst among the main world indices. On Thursday, November 30, the CSI 300 traded at the minimum of 2023, which was recorded a month earlier - in October.
At the closing of December 1, the CSI 300 amounted to 3482.88 points, having lost 0.38%. Investors did not find the growth of the Chinese economy and profits of companies in the third quarter. It is noted that these results contrast dramatically with the MSCI All-Cuntry World Index index increasing by almost 9% in November, which was caused by the confidence of investors in the end of the US Federal Reserve Reserve Rates.
It is reported that the outflow of investors from the Chinese market in November can be compared with an average monthly outflow of 60 billion yuan from August to October. The reason for this decision of investors was their disappointment with the pace of the Chinese economy, as well as the results of the income of companies and their forecasts for the third quarter.
Chinese actions fell to levels that were characteristic of the period before the coronavirus pandemic. Even Beijing's recent measures to support the stock market could not stop the further decline in prices.
