At the end of last week, the investment volume in the Chinese stock market was the second largest in the observation history. It says that the inflow amounted to almost 12 billion dollars Reuters With reference to data from Global Research.
The Hong Kong Hang Seng Index rose 4.21% in five trading sessions. The closing price on Friday, January 26 was 15,952.23 points. China’s main domestic market index CSI 300 increased by 1.96% throughout the week, reaching 3,333.82 points.
Analysts say investors are buying Chinese blue-chip securities whose prices are at five-year lows.
Before this, Bloomberg experts stated“Fortune has turned” in the race between the USA and China to become the world’s first economy. They said the American economy emerged from the pandemic in a better position than China. GDP growth in the US in 2023 was 6.3% in nominal terms (not adjusted for inflation) and 4.6% in China.
India for the first time before ahead Hong Kong by stock market capitalization.