China funds look to Mideast cash as US investments wane
© Reuters. FILE PHOTO: An electronic board shows Shanghai and Shenzhen stock indices at the Lujiazui financial district in Shanghai, China, March 17, 2023. REUTERS/Aly Song/File photo
Mideast investors are also keen to allocate more resources to China as they can benefit from lower valuations and the effects of government stimulus to support the recovery. "In the past perhaps the holy grail of capital raising was the U.S.," said Effie Vasilopoulos, co-Leader of law firm Sidley Austin's Asia-Pacific investment funds group.
"Some sovereign wealth funds are overweighting China," he said."They talk more about how to play China instead of 'why China.'"
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Oil up over 4%, reset by Mideast crisis; all eyes on Iranian supplyOil up over 4%, reset by Mideast crisis; all eyes on Iranian supply
Baca lebih lajut »
Gold at mid-$1,800; Mideast war suggests cautious repricing and measured rallyGold at mid-$1,800; Mideast war suggests cautious repricing and measured rally
Baca lebih lajut »
The market doesn't know how to gauge the Mideast war — what investors should considerThe deadliest attack on Israel in a half-century could have ripple effects for investors around the world.
Baca lebih lajut »
Wall Street Advances as Investors Monitor MideastWall Street's major indexes closed higher Monday while energy stocks rallied as investors digested the latest news about the conflict between Israel and the Palestinian Islamist group Hamas.
Baca lebih lajut »
Here's why the stock market is taking the Mideast violence in stride so farIt would only seem natural that the warfare in Israel would send the stock market into a deeper spiral. Yet investors Monday chose not to panic.
Baca lebih lajut »
Did Undermined Mideast Peace, Iran Bring Hamas Attacks?It must be asked what role the recently revealed massive Iranian information operation may have played in the surprise nature of these attacks today.
Baca lebih lajut »