The great Chinese flow reversal

[Cavaliere]

The great Chinese flow reversal via @FT

JPMorgan estimates that half of the roughly $250bn-300bn of international money that flowed into Chinese bonds because of their inclusion in various indices since 2019 has now exited. Foreign ownership of Chinese equities has declined by over $100bn.

The private market trends are similar. JPMorgan estimates that Chinese investments by international private equity and venture capital firms — which have played a major role in developing a lot of important Chinese tech companies — has collapsed by more than 50 per cent.

 

[JohnnyDoe]

JPMorgan estimates

ah ok

 

[Cavaliere]

ah ok

Do you think they are cooking the numbers?

 

[JohnnyDoe]

Do you think they are cooking the numbers?

I only “trust” JPM on JEPI and JPIE.
These reports come from juniors who are just told what to write.

 

[CyprusLawyer101]

So does this mean is time to buy into chinese equities? I hold sone since 2019 actually

 

[Cavaliere]

I only “trust” JPM on JEPI and JPIE.
These reports come from juniors who are just told what to write.

I don't doubt you but this research was actually written by Joyce Chang, chair of research at JPMorgan.

Joyce Chang

Joyce Chang, chair of global research at JPMorgan, is one of Barron’s 100 Most Influential Women in U.S. Finance in 2020. Read more about her career and accomplishments here.

www.barrons.com

Not exactly what you would call a junior!

 

[JohnnyDoe]

was actually written by

Signed, not written

 

[Don]

Signed, not written

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