China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than India's market cap
Publishing timestamp: 2024-04-03 03:19:41
Summary
Stocks in China and Hong Kong have seen a massive sell-off in market capitalization since 2021, while Indian stocks have rallied. The National Stock Exchange of India has overtaken Hong Kong Stock Exchanges and Clearing to become the fourth largest in the world. Despite a subdued global IPO market, Indian stock exchanges had the most IPOs in 2023. China's property sector and economic growth targets are sources of concern for investors, while Indian stocks have shown optimism and growth.
Sentiment: MIXED
Tickers: 3333-HK, 2007-HK, .HSI, .NSEI,
Keywords: currency markets, debt and bond markets, east asia, china, ipo, asia news, hang seng index, business news, asia economy, stock markets, country garden holdings co ltd, china evergrande group, cnx nifty index, hong kong, india, south asia,