New Reply

Post a Reply

Thread: Why do they sell Chinese shares?

Title: (100 characters at most)

Content: ( 3,000 characters at most, please )

You can add emoticons below to your post by clicking them.

[quote=JIMMYB,257601]In recent days, many big shot investors and international investment corporations have started to sell their shareholdings of some Chinese enterprises and companies. On Nov. 28th, one subsidiary company of Temasek sold its shareholdings of CCB (China Construction Bank) worthing about 255 million dollars. On Nov. 27th, Temasek decreased its shareholdings in BOC about one billion dollars. Before these two actions, they also decreased its shareholding in COSCO ( China Ocean Shipping (Group) Company) to 5.72 percent. They explained that to decrease their shareholdings in Chinese banks and cpmpany is one part of their portfolio management.

In earlier days, Buffet had decreased his shareholding in PetrolChina seven times. Li Jiacheng also adopted the same way as Buffet. He had sold shares of ChinaSouthernAir seven times.

With their decrease in Chinese companies' shares, the stock market is fluctuating rapidly. It is said that Hang seng Index has dropped 12.7 percent till Nov. 27th. Those international investors and investment companies have had great influence over Chinese stock market no matter they were wrong or right ( it is hard to understand their motives.)

Why do they sell Chinese shares? Are they lack of confidence toward Chinese stock market? What do you think of their motives and actions?[/quote]

characters left

Name:

Get a new code