Taiwan gets boost as foreign capital flees China
Taiwan gets boost as foreign capital flees China
2023-09-18
China is seeing a surge of capital flight as it grapples with a slowing economy. Since this January, foreign investors have withdrawn NT$5.75 trillion from China’s stock market. Some of those funds have made their way to Taiwan. Analysts say that as China’s economic woes continue to deepen, foreign investors will increasingly seek new places to park their cash.
With China’s export orders on the decline, many factories have closed up shop, dealing a blow to worker income. The nation’s economic slowdown has promoted an exodus of foreign investment.
Chinese analyst
On one hand, foreign investors are pouring out via the Shanghai–Hong Kong Stock Connect and Shenzhen–Hong Kong Stock Connect. On the other, they’re also shorting A-shares, saying A-shares won’t make it. Though the government says there is no problem, it is still launching response measures. Even then, the market isn’t rising, so most investors don’t believe what the government says.
Chinese analyst
At this point, chanting slogans cannot fix the fundamental problems of the capital market. Institutional and retail investors have long been lying in the intensive care unit.
China’s property crisis has spilled over to many parts of the broader economy, threatening investor confidence. In August alone, foreign investors withdrew US$12 billion, or about NT$380 billion, from China’s stock market, setting a new monthly record. Over the past year, foreign investors have sold off more than US$180 billion, or about NT$5.75 trillion.
Hsien Chen-yeh
Analyst
The CCP is changing its policies daily, and its attitude to foreign investors hasn’t been especially friendly. This has all had an impact on the willingness of foreign investors to invest in the Chinese stock market. Of course in this exodus, some of the capital has been redirected to Taiwan. We can see very clearly, that this year AI-concept stocks have benefited. That’s in stark contrast to Chinese shares.
Amid China’s slowing economy and uncertain future, foreign investment is pulling out, providing a boon to Taiwan’s capital market.
For more Taiwan news, tune in:
Sun to Fri at 9:30 pm on Channel 152
Tue to Sat at 1 am on Channel 53
中國經濟放緩 外資認賠撤出高達1800億美元
2023-09-18
中國房市危機、消費低迷，加上整體經濟放緩，不少外資認賠出場、急撤離，光是一年來，撤出中國股市高達1800億美元，相當於新台幣5.75兆，也讓散戶大軍跟著逃，就怕再不撤，賠更多。
中國出口訂單持續下滑，不少工廠關閉，衝擊勞工收入，中國整體經濟放緩，也讓外資急撤離。
[[中國分析師]]
“外資一邊從北上資金流出，另一邊還唱空A股，說A股不行了，政府一邊說這個沒問題，一邊又給政策，但是市場沒漲，所以導致什麼，多數的股民不願意相信內部”
[[中國分析師]]
“只是喊口號已經沒辦法解決，投資市場上的根本問題，基本上投資機構還有散戶，早已經躺在ICU裡面了”
中國房市危機，連帶經濟多點崩盤，不少投資人信心崩潰，根據統計，光是今年8月，外資撤離中國股市高達120億美元，相當於新台幣3800多億，創下單月新高，過去一年以來，撤資更高達1800億美元，相當於新台幣5.75兆。
[[股匯分析師 謝晨彥]]
“中共政策好像朝令夕改，對外資的態度又不是特別友善，這個部分都反映在外資對於中國股市投資意願上，當然撤出的過程中，確實是有資金轉移到台股來，因為很明顯我們可以看到，今年我們受惠AI股市表現，跟中國股市是南轅北轍”
中國經濟衰退、前景堪慮，外資逃得逃，不少資金流向台股，也讓台灣資本市場意外受惠。
更多新聞內容，請鎖定：
民視台灣台（152頻道）週日至週五晚上9:30
民視新聞台（53頻道）週二至週六凌晨1:00
Related News
