The Chinese markets are benefitting from the government’s stimulus. They have been on the rise.
Real Estate has been one of the biggest drivers of the rise of the Chinese economy. Whenever you see any video touting the rise of China, you will see the factories, the infrastructure, and the buildings. Their real estate market has been in bad shape primarily because of the amount of leverage in the system. With the relaxation of interest rates in China, homebuyers are again beginning to look at opportunities. This has caused a surge in the stock market.
Beijing’s stimulus has the focus of global fund managers to China and foreign investors have pulled out $7.9 billion from Indian stocks so far in October, the highest since March 2020.
Source:
Foreign funds pulled out a huge amount of cash from India — nearly 65,000 crores.The total investment by FIIs in the Indian stock exchanges stands at about 17.76 Lac Crores, today. This translates to about $217 Billion. $8 billion out of that is a small amount.
Source: Something else is afoot, Investments through Systematic Investment Plans (SIP) stood at about 24,000 crores per…
