Stumped Chinese investors churn stocks at record pace before congress
newscatcher
2023-03-03 07:30
Stumped Chinese investors churn stocks at record pace before congress
SHANGHAI – Chinese investors are trading in and out of hot stocks at a record pace before the country's annual parliamentary meetings, pointing to heightened market uncertainty around economic policies and leadership changes, analysts say. Such wavering is unusual, they say, as shares typically rise before the National People's Congress session on hopes of economic stimulus. But this year's congress, starting on Sunday, comes as investors worry about geopolitics, economic policy and regulation, as China makes its biggest government reshuffle in a decade and President Xi Jinping tightens his grip.

https://business.inquirer.net/389274/stumped-chinese-investors-churn-stocks-at-record-pace-before-congress

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